NewsUSA and CanadaGas prices in Florida drop seven cents

    Gas prices in Florida drop seven cents

    Gasoline prices in Florida took a breather, dropping seven cents a gallon for the week ending February 5, 2023. File photo.

    Gasoline prices in Florida took a breather, dropping seven cents a gallon for the week ending February 5, 2023. File photo.

    [email protected]

    After hitting the pockets of Florida drivers, gas prices took a breather, dipping seven cents a gallon last week and the state average stood at $3.50 a gallon on Sunday.

    That means eight cents below the maximum registered so far this year of $3.58, according to the weekly report of the AAA – The Auto Club Group released this Monday.

    And the good news is that the decline is forecast to continue through this week.

    “Gas station prices are falling again after a sharp decline in the oil and gasoline futures markets,” said Mark Jenkins, spokesman for AAA – The Auto Club Group.

    He specified that these prices are 10% lower than two weeks ago, while wholesale gasoline prices have fallen almost 40 cents.

    “Unless the market suddenly recovers, drivers could see gas prices drop another 5-15 cents this week,” he forecast.

    The drop is due to a combination of domestic and global factors.

    The European Union agreed last Friday to impose a price cap of $100 a barrel on Russian oil. In addition, there is speculation that the strong January jobs report could prompt the Federal Reserve to approve additional interest rate hikes, potentially reducing demand for fuel, Jenkins explained.

    regional prices

    Most expensive metropolitan markets: West Palm Beach-Boca Raton ($3.70), Naples ($3.59), Fort Lauderdale ($3.57).

    Less expensive metropolitan markets: Panama City ($3.26), Crestview-Fort Walton Beach ($3.25), Pensacola ($3.33).

    How to save gasoline?

    Combine errands to limit driving time.

    Find the best gas prices in your community.

    Consider paying cash. Some retailers charge extra per gallon to customers who pay with a credit card. ▪ Remove excess weight from your vehicle.

    Drive conservatively. Aggressive acceleration and speeding reduce fuel economy.

    Enroll in savings programs. AAA members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fuel up at Shell. Click here for more information.

    Other Driver Resources

    Make sure your vehicle is properly maintained to optimize your fuel economy. Visit to find a certified repair facility.

    Find the lowest gas prices in your area using a free mobile app.

    Determine anticipated fuel costs for your trip using a gasoline cost calculator.

    This story was originally published on February 6, 2023 11:16 a.m.

    Profile picture of Sonia Osorio

    Journalist and editor specializing in Latin America, judicial, business and local issues related to the Latin American community. Much of her career was spent in international news agencies. Her investigative work “Emigrating to Death: Murdered Venezuelans in Latin America” ​​received the 2019 FSNE and SPJ Sunshine State awards.

    Source: El Nuevo Herald

    Read Also:   Trump Decides to Forgive Steve Bannon, His Former Chief Counsel, for Fraud
    This post is posted by Awutar staff members. Awutar is a global multimedia website. Our Email: [email protected]


    Please enter your comment!
    Please enter your name here

    3 + 13 =

    Subscribe & Get Latest News