Gas has plunged by double digits in South Florida. Check the prices in your area
Gas prices have decreased by double digits across Florida as the summer vacation season begins.
As of Monday, June 1, gas prices in the state are nearly 30 cents a gallon lower than they were a week ago. Several areas are back under $4 gallon, including Orlando and Fort Myers.
“We’ve seen oil prices pull back over the past couple of weeks as hopes grow that the U.S. and Iran are nearing an agreement that could reopen the Strait of Hormuz,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Since oil makes up about half the cost of gasoline, that can translate into lower prices at the pump.”
The average Miami-area price is 21 cents a gallon lower per gallon than a month ago and $1.10 higher than a year ago, according to GasBuddy, a national fuel monitoring service that surveys nearly 1,700 stations in South Florida
North Florida remains the cheapest to pump in Florida while Naples and Palm Beach County are the most expensive areas to buy gas, according to AAA.
Here’s what to know if you’re commuting or traveling in Florida:
Gas prices in South Florida
Miami-Dade: The average price: $4.15 on Monday, June 1, a 21-cent decrease from a week ago, according to AAA.
Fort Lauderdale: $4.14, a 23-cent decrease from a week ago.
West Palm Beach/Boca Raton: $4.25, a 24-cent decrease from a week ago.
Monroe County: $4.43, a 22-cent decrease from a week ago.
Florida price at the pump
Average: The average price for a gallon of gas in Florida on Monday, June 1, according to AAA, is $4.03, a 28-cent decrease from a week ago.
Gas prices around Florida
Bradenton/Sarasota: $3.91
Daytona Beach: $4.04
Fort Myers: $3.94
Gainesville: $4.19
Jacksonville: $4.05
Lakeland: $4.02
Naples: $4.11
Orlando: $3.92
Panama City: $3.89
Pensacola: $3.83
Port St. Lucie: $4.07
Space Coast: $3.99
Tallahassee: $4.20
Tampa/St. Pete: $3.95
Villages: $3.85
U.S. price at the pump
Average: The average price for a gallon of gas across the country on Monday, June 1, according to AAA, is $4.32 a 17-cent decrease from a week ago.
What the experts are saying
▪ Patrick De Haan, head of petroleum analysis at GasBuddy:
“Average gasoline prices declined in all 50 states over the last week, with GasBuddy now tracking 15 states where the average price of gasoline has fallen below $4 per gallon, offering motorists some of the most widespread relief seen in weeks. Much of the decline was driven by falling oil prices and the unwinding of recent price cycles, as growing optimism surrounding a potential U.S.-Iran agreement helped ease concerns over global oil supplies. Diesel prices also posted a substantial decline, falling more than 15 cents per gallon nationally. However, the coast is anything but clear. Oil prices edged higher Sunday evening as uncertainty surrounding a potential deal persisted and renewed Israeli attacks added another layer of geopolitical risk. While motorists may continue to see some short-term relief, some price-cycling states could soon experience another upward swing as retailers run out of room to lower prices further. Overall, any setback in negotiations could quickly reverse the recent decline in fuel prices.”
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.