Relief at Florida Gas Pumps Could Be Short-lived

A little relief at the pumps.

Gas prices are down 5 cents in the past week. The state average price for a gallon of regular unleaded $2.32, 2 cents less than the national average.

The most expensive gas price averages in the state: West Palm Beach ($2.43), Miami ($2.37), and Fort Lauderdale ($2.37).

The cheapest: Orlando ($2.26), Tampa Bay ($2.27), and Jacksonville ($2.30)

 

However, the slump at the pumps could soon shift, and we could feel the burn in our wallets. "The national average gas price has again declined in the last week, but the road ahead may be a bit bumpier, said Patrick DeHaan, senior petroleum analyst for GasBuddy.com.

 "While the national average fell, several states in the Great Lakes saw average prices rise thanks to a mid-week rally in oil markets that saw oil prices sneak in a net gain for the first week in several, and that may impact prices in the week ahead. Thank Wednesday's weekly report from the Energy Information Administration for the rally as government data showed a larger than expected decline in oil inventories and gasoline inventories, weighing on markets at the precise time that OPEC chats about extending its crude oil production cuts. Watch both of these factors this week to get a taste for where prices will go to start the summer driving season."

Nathalie Rodriguez

Nathalie Rodriguez

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