ORLANDO, Fla. – Florida gas prices have reached the lowest point they have been in 2023.
The state average dropped about 10 cents per gallon last week, with Sunday’s statewide average at $3.22 per gallon, tying the lowest daily average price from March 6.
The state average has mostly declined for the past 34 days, dropping over 45 cents per gallon during that timeframe.
In Oviedo, Florida, gas prices have been $2.99 per gallon over the past several days.
Drivers said they’re excited that prices are dropping.
“hope it stays that way, not just for me but for all my people in the neighborhood,” said Angella DeMontagnac, who pumped gas for $2.99 per gallon at the Sunoco on Bruton Boulevard and Columbia Street on Monday.
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“Gas prices are still following the downward momentum created by the seasonal downturn in fuel demand, coupled with stronger gasoline supplies and the switch to cheaper winter blend gasoline,” said Mark Jenkins, AAA spokesman. “However, the continued streak of declines is threatened by a second week of rising oil and gasoline futures prices.”
The U.S. price of oil logged a small 1% gain last week, amid ongoing concerns about the conflict between Israel and Hamas. In total, U.S. oil has risen 7% ($6 per barrel) over the past two weeks. Gasoline futures also rose 11 cents per gallon last week, for a total increase of nearly 20 cents in two weeks.
Regional prices
- Most expensive metro markets – West Palm Beach-Boca Raton ($3.45), Naples ($3.40), Tallahassee ($3.39)
- Least expensive metro markets – Pensacola ($3.12), Orlando ($3.12), Tampa-St. Petersburg-Clearwater ($3.13)
Ways to save on gasoline
- Combine errands to limit driving time.
- Shop around for the best gas prices in your community.
- Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
- Remove excess weight in your vehicle.
- Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.