PEMBROKE PARK, Fla. – Florida’s average gas price dropped three cents in the last week, but the high prices at the pump appear to remain in store for the holiday season.
“Gas prices may inch a little lower this week, following the recent declines in the oil and gasoline futures market,” said Mark Jenkins a spokesman for the American Automobile Association who tracks fuel trends. “Despite the setback, significant upward pressure remains in the oil market. Prices are still at 7-year highs and are likely to remain elevated through the holiday season, which will in turn keep upward pressure on prices at the pump.”
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Drivers in the state are paying an average of $3.28 for a gallon of regular unleaded gasoline on Monday morning, according to AAA. That’s four cents below the 2021 high of $3.32 and below the national average of $3.42.
Jenkins says that “fuel demand continues to outpace global supplies,” which is driving the higher prices.
BREAKING: According to GasBuddy data, weekly (Sun-Sat) US gasoline demand rose 0.8% from the prior week, and was 0.9% above the four week average. #oil #demand #gasoline #OOTT pic.twitter.com/tCNU9v7u7Q
— Patrick De Haan ⛽️📊 (@GasBuddyGuy) November 7, 2021
South Florida’s gas prices are higher than the statewide average:
- Miami-Dade: $3.32
- Broward: $3.34
- Palm Beach: $3.45
- Monroe: $3.37
West Palm Beach-Boca Raton ($3.45) is the most expensive metro area in the state for gas, AAA says.
AAA advises drivers of these ways to save on gasoline:
- Combine errands to limit driving time
- Shop around for the best gas prices in your community
- Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card
- Remove excess weight in your vehicle
- Drive conservatively. Aggressive acceleration and speeding reduces fuel economy
For more info on Florida gas prices, click here.