AAA: Gas Prices Drop 7 Cents In 7 Days

By on May 20, 2019 in WNDB News

Daytona Beach, FL – The state’s gas prices are declining as 2.3 million Floridians are preparing for a Memorial Day weekend getaway.

According to the latest AAA gas report, Florida gas prices are averaging $2.64 per gallon (regular unleaded) – the lowest daily average price since March.

The current state average is seven cents less than a week ago, 11 cents less than last month and nearly 20 cents less than last year.

“If gas prices continue following their current downward trend, drivers could find holiday gas prices that are 30 cents less than last year,” said Mark Jenkins, spokesman for AAA. “A 30-cent discount would mean Memorial Day drivers will spend $4.50 less on a full tank compared to last year.”

But, there’s still a chance that these prices can reverse course, according to Jenkins.

“In addition to an anticipated surge in demand, oil and wholesale gasoline prices inched higher last week, which could directly result in a 3-5 cent increase at the pump,” said Jenkins.

If pump prices were to stay at these current levels, Memorial Day gas prices would be the holiday’s lowest in two years.

In 2018, Memorial Day prices in Florida averaged $2.91 per gallon (regular unleaded) and $2.25 per gallon in 2016.

Right now in Volusia County drivers can expect to see prices hovering around $2.64 a gallon, which is similar to the state’s current average and eight cents less than last week.

In Flagler County, drivers can expect to see an average of $2.66 per gallon, which is five cents less than last week’s average. But, for the first time in a couple of weeks, Flagler is actually seeing a higher average than Volusia.

The West Palm Beach-Boca Raton area is once again seeing the highest averages in the state at $2.75 per gallon, while Punta Gorda sees the lowest averages at $2.57 per gallon.

The current National average is $2.85, 21 cents higher than Florida’s average.

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