Florida gas prices dropped 11 cents per gallon last week and 30 cents in the past three weeks, AAA reported Monday.
According to AAA, the state average was $3.28 per gallon on Sunday, which is the lowest daily average price since the state’s gas tax holiday was in effect on Oct. 31.
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“Florida gas prices have plunged 30 cents in the past three weeks, due to low oil prices and strong gasoline supplies,” said Mark Jenkins, spokesman, AAA - The Auto Club Group. “The downward momentum should continue this week. Unless fundamentals change, the state average could drift below $3.20 per gallon by next weekend.”
According to AAA, COVID-19 lockdowns in China have kept strong downward pressure on oil prices, amid concerns that the lockdowns would reduce global fuel demand.
The most expensive metro marks in Florida are currently West Palm Beach-Boca Raton ($3.50), Gainesville ($3.45), and Naples ($3.41).
The least expensive metro markets are Pensacola ($3.01), Crestview-Fort Walton Beach ($3.02), and Panama City ($3.02).