AAA: Florida Gas Prices Prices Averaged $2.93 in 2021, Highest Annual Average in Seven Years

2 years ago 292

TAMPA (CBSMiami) — 2021 ended with Florida state prices slowly moving lower.

The authorities mean declined 2 cents successful the past 2 weeks, averaging $3.21 per gallon implicit the weekend.

In 2021, the mean terms for gasoline successful Florida started astatine a debased of $2.19 per gallon and reached a precocious of $3.36 per gallon (November 19). That precocious was good beyond the highs of $2.56 (2020), $2.80 (2019), and $2.92 (2018).

“Since it began, the pandemic has caused a rollercoaster thrust for prices astatine the pump,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Gas prices plummeted successful 2020 erstwhile lockdowns led to little substance demand, causing a glut successful planetary substance supplies. As a result, galore countries chopped backmost connected crude production, leaving the marketplace susceptible to what would hap next. In 2021, vaccinations rolled retired and request came roaring backmost overmuch faster than lipid production. As a result, substance prices skyrocketed to levels not seen successful 7 years.”

Florida drivers are present spending $48 to capable an average-sized 15-gallon vessel of gasoline. This clip past year, a afloat vessel outgo $33. In January 2020 it was $37 for a fill-up.

2021 state prices were heavy influenced by a 78% upswing successful the terms of crude oil. U.S. crude prices went from $47 per tube to a precocious of astir $85. For now, crude lipid futures prices for 2022 look comparatively benign, trading wrong a scope of $70 to conscionable supra $75 per barrel. However, that volition alteration implicit time.

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Regional Prices

Most costly metro markets – West Palm Beach-Boca Raton ($3.42), Naples ($3.31), Fort Lauderdale ($3.27)
Least costly metro markets – Crestview-Fort Walton Beach ($3.08), Punta Gorda ($3.10), Tallahassee ($3.09)