Gas prices are down across Florida as we hit the road for summer. Will that continue?
Gas prices are down again as the summer driving season begins.
As of Monday, the average price of gas in Florida is 7 cents lower than last week. In Miami and Fort Lauderdale, prices at the pump are 6 cents a gallon lower over last week, and more than 17 cents lower than a month ago. In Bradenton, prices are down about 9 cents a gallon.
The cheapest gas in the state? North Florida, where the price can average more than 30 cents less a gallon than parts of South Florida.
Here’s what to know:
Gas prices in South Florida
▪ Miami-Dade: The average price: $3.48 a gallon, according to GasBuddy’s survey of nearly 1,700 stations in the region. That’s an increase of 4.9 cents a gallon from last week. Cheapest gas in the Miami area was $3.09 and the most expensive $4.99.
▪ Fort Lauderdale: $3.49
▪ West Palm Beach/Boca Raton: $3.63
Florida price at the pump
Average: The average price for a gallon of gas in Florida on Monday, according to AAA, was $3.43, down 7 cents from last week.
Gas prices around Florida
Monday prices, according to AAA:
Bradenton/Sarasota: $3.41
Fort Myers: $3.44
Jacksonville: $3.39
Naples: $3.54
Orlando: $3.42
Panama City: $3.17
Pensacola: $3.20
Port St. Lucie: $3.44
Tampa/St. Pete: $3.43
U.S. price at the pump
Average: The average price for a gallon of gas across the country on Monday, according to AAA, was $3.53, down 5 cents from last week.
What the experts are saying
Patrick De Haan, head of petroleum analysis at GasBuddy: “The calendar has closed on May, and so too has the door closed on rising gas prices, with the national average declining to its lowest level since March. Thankfully, gas prices are unlikely to be moved by OPEC’s meeting and agreement to extend production cuts into 2025, leading the national average to fall below $3.50 in the next week. With GasBuddy data showing gasoline demand plummeting after Memorial Day, and refiners inputting the largest amount of oil into their facilities in years, it’s very likely we’ll continue to see gas prices fall as we approach July 4. Diesel prices also continue to decline to their lowest level in nearly 11 months. The future looks bright for falling fuel prices across the board, though we’ll have to keep our eyes on hurricane season.”
Mark Jenkins, AAA spokesman: “The summer travel season is beginning with gasoline prices that are 20 cents less than the highest price this year. While gasoline prices are usually volatile through the summer months, recent futures prices suggest the state average could move lower this week.”
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.
This story was originally published June 3, 2024 at 7:35 AM.