AAA: Florida Gas Prices Fall Slightly But Drivers Still Paying ‘Most Expensive Prices Since Oct. 2014’

2 years ago 192

TAMPA (CBSMiami) — Florida state prices have dilatory declined the past 10 consecutive days. The authorities mean is present $3.07 per gallon, aft slipping 3 cents past week from the 2021 precocious of $3.10 per gallon.

“Drivers are inactive paying immoderate of the astir costly prices astatine the pump since October 2014,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Although gasoline prices usually diminution successful the fall, they stay elevated owed to the precocious terms of crude and little substance supplies some domestically and astir the world.”

The little substance supplies are a effect of both the pandemic and Hurricane Ida’s effects connected the gulf coast.

When the pandemic struck, planetary and American crude producers fto disconnected the throttle. U.S. crude accumulation rates dropped arsenic overmuch arsenic 25% successful 2020. About fractional of that had returned earlier Hurricane Ida struck the gulf coast. Three weeks ago, U.S. crude lipid accumulation rates dropped different 13%, aft Hurricane Ida temporarily shutdown lipid refineries and offshore rigs. Fortunately, that simplification has been chopped successful fractional implicit the past 2 weeks, arsenic refineries and offshore rigs enactment to reopen. In addition, refinery activity, gasoline supplies and accumulation each logged play gains past week.

The terms for a tube of US crude finished astatine $73.98 Friday connected the NYMEX. That was $2 much than the week before, yet inactive little than this year’s precocious of $75.25/b. A affirmative indicator for drivers is that wholesale gasoline prices finished astir the aforesaid arsenic a week ago.

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Regional Prices

Most costly metro markets – West Palm Beach-Boca Raton ($3.22), Fort Lauderdale ($3.11), Gainesville ($3.10)
Least costly metro markets – Punta Gorda ($2.97), Sebring ($3.00), Ocala ($3.00), The Villages ($3.03)