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Florida gas prices fall to new 2020 lows

first_imgAAA GAS PRICE AVERAGES(Price per gallon of regular unleaded gasoline) The Anatomy of Fear SundaySaturdayWeek AgoMonth AgoOne Year Ago2019 High(YTD)2018 HighRecord High Too bad the price of gas doesn’t include its other costs like degraded air quality, carbon emissions, and polluted water. We need increased incentives to electrify the transportation sector in order to bring GHG emissions to reasonable levels. The state average dropped 8 cents last week; Additional discounts are expected this weekFrom AAAFlorida gas prices have fallen to the lowest level so far this year. The state average dropped 8 cents last week and should slip even lower in the coming days.Florida drivers are paying an average of $2.45 per gallon at the pump. The state average has declined a total of 11 cents in the past 10 days.“It took almost the entire month, but gas prices are finally beginning to follow a more traditional trend of declining in January,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “With the holiday travel season in the rearview and temperatures turning colder, Americans are not driving as much as they did a month ago. The lower demand has allowed gasoline stocks to swell. Wholesale prices have reached a low that – if they hold – could drag the state average below $2.35 in the next 10 days.”Despite the recent decline, the state average remains 22 cents per gallon more than this time last year. The difference amounts to an additional $3 for a full 15-gallon tank of gas. That difference could soon begin to narrow as crude oil prices move more in line with last year’s levels.Friday, WTI crude settled at $54.19 per barrel. The daily settlement is $4/b less than the week before and only 50 cents more than this time last year.Regional PricesMost expensive metro markets – West Palm Beach-Boca Raton ($2.59), Sebastian-Vero Beach ($2.53), Port St. Lucie ($2.51)Least expensive metro markets – Punta Gorda ($2.36), Tampa-St. Petersburg-Clearwater ($2.38), Pensacola ($2.38)Fast Florida FactsFlorida has the 25th lowest state average in the U.S. ($2.45)Florida had the largest weekly discount of any other state in the U.S. (8 cents)Florida drivers are now paying the lowest gas prices of 2020Find Florida Gas PricesDaily gas price averages can be found at Gasprices.aaa.comState and metro averages can be found here You have entered an incorrect email address! Please enter your email address here TAGSAAAGas Prices Previous articleA legend dies too soon: Kobe Bryant – Let’s Talk About ItNext articleOrange County unemployment rate holds at 2.4% in December Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 January 28, 2020 at 12:20 pm National$2.521$2.526$2.550$2.550$2.268$2.895$2.97 (5/26/2018)$4.11   (7/17/2008) Share on Facebook Tweet on Twitter Please enter your comment!center_img 1 COMMENT Reply Please enter your name here Support conservation and fish with NEW Florida specialty license plate Save my name, email, and website in this browser for the next time I comment. LEAVE A REPLY Cancel reply Click here to view current gasoline price averages Eliot Kersgaard Georgia$2.372$2.378$2.406$2.386$2.168$2.735$2.84 (5/27/2018)$4.16   (9/15/2008) Florida$2.447$2.459$2.525$2.453$2.231$2.795$2.92 (5/25/2018)$4.08   (7/17/2008)last_img read more