Gas just went down by double digits across Florida. Will prices continue to drop?
Gas prices took a dive this week. In Miami, prices are down more than 13 cents a gallon, and have plummeted 21 cents in the Bradenton-Sarasota area.
Prices dropped an average of 15 cents a gallon statewide over last week. North Florida is still the cheapest area in the state to fill up.
Here’s what to know:
Gas prices in South Florida
▪ Miami-Dade: The average price: $3.50 a gallon, according to GasBuddy’s survey of nearly 1,700 stations in the region. That’s a decreast of 13.1 cents a gallon from last week. Prices in the Miami area are 7.6 cents per gallon lower than a month ago. Cheapest gas in the Miami area was $2.35 and the most expensive $4.80.
▪ Fort Lauderdale: $3.50
▪ West Palm Beach/Boca Raton: $3.67
Florida price at the pump
Average: The average price for a gallon of gas in Florida on Monday, according to AAA, was $3.44.
Gas prices around Florida
Monday prices, according to AAA:
Bradenton/Sarasota: $3.38
Fort Myers: 3.45
Jacksonville: $3.37
Naples: $3.55
Orlando: $3.38
Panama City: $3.29
Pensacola: $3.29
Port St. Lucie: $3.43
Tampa/St. Pete: $3.40
U.S. price at the pump
Average: The average price for a gallon of gas across the country on Monday, according to AAA, was $3.61
What the experts are saying
Patrick De Haan, head of petroleum analysis at GasBuddy: “While pump prices haven’t exactly plummeted, we’ve seen the average price of gasoline drop in a majority of states over the last week as refineries finish maintenance and ramp up output of products like gasoline. With gas prices now nearing a 10-cent drop to the high we saw a few weeks ago, the future looks good as we get closer to Memorial Day; price drops could potentially accelerate after last week’s jobs data shows the economy continues to cool off. While gas prices stand slightly above where they were last year, I expect most Americans will see prices fall before the holiday weekend, and I’m optimistic the trend could extend into June and beyond. I’m excited to say it does appear that for now, the worst is behind us.”
How to find cheap gas near you
There’s an app to help: The GasBuddy app was built to show motorists prices around them and a fuel tracker can update users on stations that have or don’t have fuel based on supply changes.
