Gas Prices Dip to Lowest Level Since January

Gas Prices Dip to Lowest Level Since January

By The News Service of Florida

The average price of a gallon of regular unleaded gasoline in Florida was $3.38 on Monday, the lowest price since January, according to the AAA auto club.

The average price was down from $3.41 a week earlier and $3.61 a month earlier. Florida hit a record high of $4.89 a gallon on June 13, but prices steadily decreased through the summer.

AAA spokesman Mark Jenkins said Hurricane Ian is unlikely to cause price hikes because refineries in Louisiana, Mississippi and Texas will not be affected.

“There’s actually downward pressure on pump prices, despite the forecast that a hurricane would approach Florida this week,” Jenkins said in a prepared statement. “Gasoline and oil futures prices plunged 7 percent last week, to eight-month lows on concerns that aggressive interest rate hikes by the U.S. Federal Reserve could trigger an economic recession.”

The most-expensive gas in Florida is in the West Palm Beach, Tallahassee and Gainesville markets, while the least-expensive gas is in the Pensacola, Fort Walton Beach and Panama City markets, according to AAA.

5 Responses to "Gas Prices Dip to Lowest Level Since January"

  1. Your uncle Joe is burning thru our national reserves to make this happen. Its his only hope to save a few democrat seats in the House and Senate.
    We are more at danger from attack because our enemies know your uncle Joe drained our oil reserves.

  2. Gas prices are already on the rise so the dip in Florida prices will be short-lived.
    The national average has risen for 8 straight days.
    Tallahassee’s local taxing on fuel makes it some of the most expensive in the state.

    Thanks, Tallahassee!

  3. Thanks to Brandon our Strategic Petroleum Reserve is at a 40 year low. We better hope the U.S. doesn’t have an actual emergency. This administration blames Putin for the high gas prices but has done nothing to wind down war in Ukraine, instead continues to pump billions to keep it going.

  4. It is still ABOVE what it was when TRUMP was President AND, Biden has drained our Oil Reserves to the point it is almost GONE. It won’t be long before the Prices start soaring again.

Leave a Reply

Your email address will not be published.