AAA: Florida Gas prices below $2 at 7% of filling stations

The plunge at the pump continues this week, and now gas prices are poised to have their lowest start to the New Year since January 1.

Americans are finding gas prices below $2 a gallon at 31% of filling stations in the United States. Since mid-October, the national average has plummeted a total of 61 cents. Thursday’s average price of $2.29 per gallon is the lowest since July 2017.

“Falling gas prices continue to be ‘the gift that keeps giving’ this holiday season,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Prices at the pump declined as AAA projected last week, largely due to weakness in the stock market and concerns about global crude oversupply. Although oil and gasoline futures have been on a rollercoaster ride this week, wholesale gas prices have held steady. Unless oil prices suddenly spike, prices at the pump should remain low through the end of the year.”

Drivers are finding gas prices below $2 a gallon at about 7 percent of gas stations in Florida. Since mid-October, the state average has plummeted a total of 62 cents. Thursday’s average price of $2.20 per gallon is the lowest daily average price since July 2017.

Gas prices in Florida dropped 6 cents in the past week. The state average is now 23 cents less than this time last year. Some of the lowest prices in the state are in Central Florida and Tampa Bay.

• 74% of Florida gas stations have fuel below $2.25/g
• 7% of Florida retailers have gasoline below $2/g
• The highest daily state average price in 2018 was $2.92/g on May 25
• Florida drivers paid an average price of $2.65 per gallon in 2018

Holiday Gas Prices at 3-year Lows

Nationwide, holiday travelers enjoyed the lowest Christmas Day gas prices in two years. However, gas prices in Florida averaged the lowest for Christmas Day in 3 years ($2.21/g). The state average on New Year’s Day should also be a 3-year low. Thursday’s average price is 25 cents less than January 1, 2018.

• Most expensive gas price averages: Panama City ($2.55), Miami ($2.40), West Palm Beach-Boca Raton ($2.36)
• Least expensive gas price averages: The Villages ($2.06), Punta Gorda ($2.08), Orlando ($2.08) 

Gas Price Tools

• AAA.com– Daily national, state, and metro gas price averages
• AAA Mobile app– Free app that compares gas prices near you

• Gas Cost Calculator – Determine how much gasoline will cost on your next road trip

Gas Price Survey Methodology
AAA updates fuel price averages daily at www.GasPrices.AAA.com. Every day up to 130,000 stations are surveyed based on credit card swipes and direct feeds in cooperation with the Oil Price Information Service (OPIS) and Wright Express for unmatched statistical reliability. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

About The Auto Club Group 
The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.6 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at com/mobile. Visit AAA on the Internet at AAA.com.