TALLAHASSEE – Florida gas cost rollercoaster hit a new 2024 peak previous 7 days just before dropping a bit.
In accordance to AAA, the state’s fuel costs rose 13 cents early very last week. From there, the point out average declined 6 cents via the weekend. Sunday’s state average was $3.58 for each gallon.
On Monday morning, the average price in Miami-Dade was $3.58 a gallon, up from $3.55 a week back. In Broward, the average price was $3.63 a gallon, up from $3.57 a 7 days in the past.
On Wednesday, the condition average was $3.64 per gallon, the greatest so far this 12 months. Very last year’s substantial was $3.85 for every gallon. Sunday’s price of $3.58 for each gallon is 2 cents higher than a thirty day period back, however 14 cents a lot less than this time previous year.
Volatility in the oil market place has significantly contributed to mounting selling prices at the pump in current months, according to AAA.
“Oil costs have been reacting to mounting geopolitical tensions between Israel and Iran, and OPEC’s selection to prolong output cuts, in an work to crimp world-wide gas provides,” said AAA spokesman Mark Jenkins.
About half the selling price of gasoline is motivated by the selling price of oil.
“As a result of the first quarter of the year, the selling price of oil averaged all over $75 per barrel. Given that mid-March, the price tag of oil has averaged practically $84 per barrel. In the course of that exact time, the point out average has largely remained previously mentioned $3.50 for every gallon,” according to AAA.
The most pricey places to fill up are in West Palm Seaside, Homosassa Springs, and Naples. The most economical costs are in the panhandle.
