Florida gas prices dip another nickel, but they’re still 5-10 cents too high, AAA says

The slow drop-drop-drop of gas prices continues, but there’s still a ways to go before they return to pre-hurricane levels.

 

Gasoline prices in Florida fell another five cents last week but remain 18 cents higher than before Hurricane Harvey struck Texas in late August and disrupted refinery operations, travel club AAA said.

Yet, prices have fallen significantly since peaking at $2.73 on Sept. 9 as Hurricane Irma slammed the state.

The average per-gallon price in Florida fell to $2.42 on Monday, AAA said in its weekly gas price update.

“Gasoline futures and wholesale prices gained some strength last week, but not enough to stop the pump price plunge,” AAA spokesman Mark Jenkins said.

Still, the current per-gallon average is 5 to 10 cents higher than it should be in the current market, Jenkins said, adding, “Motorists should expect another round of discounts at the pump this week.”

Prices fell more sharply in markets north of the tri-county region, including Jacksonville [7-cent drop], Orlando, Tampa, Daytona Beach, and Sarasota [5-cent drops].

Lowest average prices in the state were in the Orlando market [$2.32] and Tampa-St. Petersburg market [$2.28].

The average price dipped just three cents a gallon in South Florida and remained well above the state average in Broward County [$2.53], Miami-Dade County [$2.59], and Palm Beach County [$2.58], AAA said.

One reason is the wide price spread in the region, with some stations keeping prices well above $2.50 a gallon and others dropping below $2.30, according to the price-comparison website GasBuddy.com.

The website listed a low price in St. Johns County of $2.34 (cash purchases) at the Citgo station at 2110 U.S. 1 S. at Shore Drive.

 

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