Florida Gas Prices Decline Again

NEWS RELEASE


MEDIA CONTACT

Mark Jenkins, spokesman, AAA - The Auto Club Group,
office: (813) 288-7906, cell: (850) 532-0730, majenkins@aaasouth.com

FLORIDA
AVERAGE PRICE PER GALLON

$2.71 (-3ยข)


FLORIDA GAS PRICES SLIP FOR THE SECOND WEEK


TAMPA, Fla., (April 29, 2019) โ€” Florida gas prices have steadily declined for the past two weeks. On Sunday, gas prices in Florida averaged $2.71 per gallon. 

Since setting a new 2019-high of $2.80 per gallon on April 12, the state average has declined for 16 consecutive days for a total discount of 9 cents. Florida is now 11th in the nation among states with the lowest daily average price. The top 3 states with the lowest average prices in the U.S. are Alabama ($2.51), Mississippi ($2.53) and Louisiana ($2.55). 

"Gas prices are moving lower in concert with wholesale, gasoline and oil futures, which all dropped last week," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "The lowest gas prices in the country are mostly found in the southeastern United States. Since most of these states are supplied by Gulf Coast refineries, this could be a positive indicator that refineries in the area are moving past their various issues that have affected fuel supplies and led prices higher."

The price of crude settled at $62.80 per barrel Friday on the NYMEX - a discount of $3.50 per barrel from the highs set on Tuesday. Additionally, gasoline futures declined 3 cents on the NYMEX, while wholesale gasoline slipped 4 cents per gallon in Florida. The downward direction should help keep downward pressure on prices this week. However, stock prices have the ability to quickly change directions - this time of year - in response to international or domestic news that have negative implications on fuel supplies. 

Regional Prices

Find Florida Gas Prices

AAA GAS PRICE AVERAGES
(Price per gallon of regular unleaded gasoline)

Sunday Saturday Week Ago Month Ago One Year Ago

2019 High
(YTD)

2018 High Record High
National $2.886 $2.886 $2.842 $2.685 $2.806 $2.886 $2.97 (5/26/2018) $4.11   (7/17/2008)
Florida $2.712 $2.717 $2.739 $2.758 $2.738 $2.795 $2.92 (5/25/2018) $4.08   (7/17/2008)
Georgia $2.734 $2.734 $2.678 $2.569 $2.727 $2.734 $2.84 (5/27/2018) $4.16   (9/15/2008)
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 The Auto Club Group 
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.9 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.



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