Florida – According to a new report from AAA, gas prices in Florida jumped 10 cents last week, bringing the state to a new high this year of $3.10 per gallon.
The new state high for 2021 is 7 cents more than the previous high, which was set back in early August.
The price of crude oil increased 4% last week following reports that the Gulf of Mexico energy infrastructure is still recovering from Hurricane Ida, according to AAA.
Offshore oil production remained low last week, while most of the onshore oil refineries that went offline because of the storm have already restarted or are in the process of restarting.
“The rollercoaster ride at the pump continues for Florida drivers,” said Mark Jenkins, spokesman for AAA – The Auto Club Group. “Where pump prices go from here is unclear. Hurricane Ida’s impact on the Gulf Coast has lingered on, causing lower fuel supplies and upward pressure on prices. Fortunately, there is some downward pressure in the market, because the summer driving season has ended, leading to less fuel demand. In addition to that, winter gasoline is beginning to move back into the market. Both of these should help ease the strain on supplies.”
Florida drivers are now paying 10 cents per gallon more than a month ago, and 96 cents more than this time last year.
According to AAA, the cost to fill an average-sized 15-gallon tank of gas is now $46.50, which is $14.40 more than a year ago.
The top three most expensive metro markets in Florida right now are West Palm Beach ($3.23), Fort Lauderdale ($3.13), and Port St. Lucie ($3.12).