Florida Gas Prices Drop to Lowest Level in Over a Year
TALLAHASSEE, FL – Florida motorists are enjoying the lowest gas prices in over a year, with the statewide average hitting $2.89 per gallon on Monday morning. The dip marks a 3-cent decrease from last week and represents the lowest daily average recorded since December 2023.
The welcome relief at the pump comes as prices are 29 cents cheaper than last month and 20 cents less than this time in 2024. Filling a standard 15-gallon tank now costs approximately $43.50 - nearly $3 less than it did a year ago. The decline is directly linked to falling crude oil prices,which reached $57.46 per barrel on Thursday,the lowest point as May.
“Florida gas prices continue to fluctuate week to week, but the overall trajectory is down,” said AAA spokesperson Mark Jenkins in a statement. “Robust global oil supplies and the seasonal dip in gasoline demand have helped push pump prices to their lowest level in almost two years.”
Regional variations exist across the state.The Crestview-Fort Walton Beach area currently offers the cheapest gas at an average of $2.68 per gallon, followed by Pensacola ($2.70) and Panama City ($2.74). Conversely, the West Palm Beach-Boca Raton area has the highest prices at $3.08, with Gainesville ($2.99) and Naples ($2.96) also reporting higher averages.
The national average currently sits at $3.03 per gallon, influenced by states with substantially higher prices like California ($4.63), Hawaii ($4.47), and Washington ($4.41), while states like Oklahoma ($2.50), Mississippi ($2.62), and Louisiana ($2.63) contribute to pulling the average down.
Motorists can find updated gas prices across Florida at https://gasprices.aaa.com/?state=FL.
