Florida gas prices rose 7 cents last week. However, those gains were quickly erased by the weekend.
On Sunday, the state average was $3.31 per gallon. That's 2 cents less than last week, 12 cents less than a month ago, and 53 cents less than this time last year. The state average is also 33 cents below this year's high of $3.64 per gallon. Visit GasPrices.AAA.com to view daily average gas prices by state and metro area.
"Over the weekend, Florida gasoline hit the lowest average price in two months," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "The price of crude continues to influence prices at the pump. Oil prices increased early last week on renewed optimism about the U.S. economy, after a July domestic consumer spending report was better than analysts expected. By the end of the week, however, weak economic data from China caused oil prices to soften."
The U.S. price of crude initially jumped to $80 a barrel, but finished the week flat. Friday's closing price of $76.65 per barrel was 19 cents less than the week before. Gasoline futures were also down 8 cents per gallon.
Visit GasPrices.AAA.com to view state and local average gas prices
AAA GAS PRICE AVERAGES |
Sunday | Saturday | Week Ago | Month Ago | One Year Ago | |
National | $3.414 | $3.421 | $3.445 | $3.506 | $3.873 |
Florida | $3.308 | $3.326 | $3.328 | $3.427 | $3.843 |
Georgia | $3.223 | $3.228 | $3.234 | $3.369 | $3.630 |
Click here to view current gasoline price averages |
Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.
About AAA - The Auto Club Group
The Auto Club Group (ACG) is the second largest AAA club in North America with more than 13 million members across 14 U.S. states and two U.S. territories. ACG and its affiliates provide members with roadside assistance, insurance products, banking and financial services, travel offerings and more. ACG belongs to the national AAA federation with more than 64 million members in the United States and Canada. AAA’s mission is to protect and advance freedom of mobility and improve traffic safety. For more information, get the AAA Mobile app, visit AAA.com, and follow us on Facebook, Twitter and LinkedIn.
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