Thinking about that long-awaited summer road trip? It might just be time to hit the road.
Summer gas prices nationwide are the cheapest they’ve been since 2005, making it the best time yet to fill up and head out, according to GasBuddy.com.
After falling 4 cents during the past week, the national average price for a gallon of gasoline averaged $2.296 on Sunday, which is 4 cents less than this time last year, according to auto club AAA. The average price in Florida averaged $2.27, a drop of 6 cents from the previous week.
The national average is flirting with 2017 lows, falling at a rate of 1-cent per day. Once the average price hits $2.262, the national average would be the lowest since December 2016.
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Average retail gas prices in Miami also took a dive, mimicking the state’s 15-day streak of price dips. Monday’s average for a gallon of gasoline in the Miami area was a cool $2.328.
The Sunday average of $2.32 was about 7.2 cents per gallon lower than it was on the same date one year ago, and 4.5 cents per gallon lower than a month ago. The average prices in the city have fallen about 5.2 cents per gallon in the past week.
At some places in the Miami area, though, you could find prices cheaper than average.
Fill up at Rocket Fuel on Flagler St. for a cheap $1.97 per gallon, the Gas Express across the street for $1.99 per gallon, or head to BJ’s on Coral Way for just $2.13. Cash burning a hole in your pocket? The priciest Monday offering is at the Miami Beach Shell on Jefferson Avenue, where you could fill up for $2.99 per gallon.
The price declines won’t last forever, though. A GasBuddy petroleum analyst said with hurricane season approaching, customers can expect one more week of low prices before they rise again.
Miami falls in line with a national trend, as prices across the country have decreased 7.1 cents per gallon during the last month, putting prices 5.8 cents per gallon lower than they were one year ago. Florida ranks No. 5 among states with the biggest weekly decline, according to AAA, which collected data from credit card swipes at gas stations nationwide.
The state average is on a 15-day streak of declines, falling a total of 10 cents since June 3, according to AAA. The lowest state average so far this year was $2.26 on March 20 and if the state average drops below that price, it would be the lowest price since December 2016.
Looking to take advantage of the low prices? Have prices changed your summer driving habits? Do you drive for a living? We want to hear from you.
Prices at the pump
According to GasBuddy historical data, gasoline prices on June 19 in Miami have ranged widely over the last five years:
- $2.3 per gallon in 2016
- $2.79 per gallon in 2015
- $3.65 per gallon in 2014
- $3.59 per gallon in 2013
- $3.45 per gallon in 2012
Cape Coral: $2.23 per gallon, down 9.2 cents from last week's $2.32 per gallon
Naples: $2.36 per gallon down 2.7 cents from last week's $2.39 per gallon
Sarasota: $2.21 per gallon, down 7.6 cents from last week's $2.28 per gallon