Florida Gas Prices: Monday marks new record

Florida drivers pay prices they’ve never seen before at gas stations. The average cost of a gallon of unleaded gas in our state was a record $ 4.49 overnight. That’s 29 cents more than this time last week. AAA says that $ 4.49 per gallon breaks the old record from last week. Friday morning, the average price was $ 4.46. One year ago, gas cost only $ 2.89 per gallon. So why are they so tall now? AAA says that oil prices are not at record highs, but are almost 70% higher than last year, and the fuel supply was already tight at the beginning of the year, and it has only gotten worse with the war in Ukraine. We also have the summer travel season underway soon. So the demand will stay strong for a while. But analysts say the super-high prices are likely to mean that oil production will return closer to the levels we saw before the pandemic. But the bottom line is that prices will remain high for the foreseeable future, although they should jump around from time to time. Florida is one of the 1[ads1]0 states with the largest increases. “Gas prices are so high that it has really put a damper on my economy,” said Florida resident Edwin Martinez. “Have you ever paid so much for gas in your life?” WESH asked. “No, no one has,” said Neal Trantham, another Florida resident. As we approach $ 4.50 per gallon, the general consensus is that prices are too high. Now the state of Florida has just announced a move that we hope will bring the price of gas down in Florida. The sale of a special winter blend of gas will now be allowed, which will increase the supply of gas available for people to buy.
Florida drivers pay prices they’ve never seen before at gas stations.
The average cost of a gallon of unleaded gas in our state remained at a record high of $ 4.49 overnight. That’s 29 cents more than this time last week.
AAA says that $ 4.49 per gallon breaks the old record from last week. Friday morning, the average price was $ 4.46.
One year ago, gas cost only $ 2.89 per gallon.
So why are they so tall now? AAA says that oil prices are not at record highs, but are almost 70% higher than last year, and the fuel supply was already tight at the beginning of the year, and it has only gotten worse with the war in Ukraine.
We also have the summer travel season underway soon. So the demand will stay strong for a while. But analysts say the super-high prices are likely to mean that oil production will return closer to the levels we saw before the pandemic.
But the bottom line, prices are expected to remain high for the foreseeable future, although they should jump around from time to time.
Florida is one of the 10 states with the largest increase.
“Gas prices are so high that it has really put a damper on my economy,” said Florida resident Edwin Martinez.
“Have you ever paid so much for gasoline in your life?” asked WESH.
“No, no one has,” said Neal Trantham, another Florida resident.
As we approach $ 4.50 per gallon, the general consensus is that prices are too high.
Now the state of Florida has just announced a move that hopes to bring the price of gas down in Florida.
Sales of a special winter blend of gas will now be allowed, which will increase the supply of gas available for people to buy.