Florida
Florida Gas Prices Reach 5-Week Highs
By 
Editor
Miami, Florida — Over the weekend, Florida gas prices rebounded, returning to the highest price in five weeks. Sunday’s state average was $4.20 per gallon, an increase of 2 cents from a week ago.
“There were some noteworthy gains in both oil and gasoline futures last week, which may result in additional increases at the pump this week,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Oil prices rose last week after the European Union announced plans to phase out imports of Russian oil by the end of the year. And yet, the oil price gains paled in comparison to what happened with gasoline. Gasoline futures soared to a new record high last week. The increase is attributed to a combination of factors, including steady weekly declines in gasoline supplies and expectations that summer fuel demand will far outpace what we saw last year.”
Sunday’s state average of $4.20 per gallon is 2 cents more than last week, 10 cents more than a month ago, and $1.32 per gallon more than this time last year.
On average, drivers are paying $63 to fill an average-sized tank of gas. That’s $20 more than this time last year.
-
Local News6 months agoA huge financial relief is coming for Broward County schools teachers, principals, and educational support staff after unanimous vote results in salary hike
-
Florida6 months agoFlorida Senator Rick Scott’s renewed push for the Sunshine Protection Act aims to make Daylight Saving Time permanent, with backing from key House and Senate leaders, emphasizing health, benefits
-
Crime & Safety6 months agoOkechukwu Josiah Odunna of Nigeria arrested for masterminding a fraudulent real estate operation that deceived financial institutions in Florida, leading to significant losses
-
Crime & Safety6 months agoFederal jury convicts Florida man, Dustin Sean McCabe, of manslaughter and fraud after deadly boating accident and deceptive COVID relief claims that exposed reckless conduct and financial exploitation
-
Florida6 months agoComprehensive conservation strategy secures productive lands to ensure future generations continue Florida’s proud tradition of farming and ranching
-
Local News6 months agoSouth Florida artists urged to reimagine public spaces as Dania Beach launches Creative Visions initiative, seeking immersive art projects that engage the community and enhance everyday locations
-
Crime & Safety6 months agoFlorida’s fight against the fentanyl crisis intensifies as Attorney General Uthmeier’s office charges 33 in a sweeping, multi-jurisdictional drug trafficking bust
-
Florida6 months agoSenator Rick Scott’s legislation seeks to impose harsh consequences on universities for neglecting antisemitic harassment, ensuring Jewish students are protected under federal law in latest legislative push
Leave a Reply
You must be logged in to post a comment.