ORLANDO, Fla. – Florida gas prices are 16 cents more per gallon than last week and could soon jump even higher, according to AAA.
After the state average was $2.99 per gallon on Jan. 22, it rose to $3.18 per gallon by the middle of last week and dropped slightly to $3.15 per gallon on Sunday.
“Despite declining through the weekend, gas prices are facing renewed upward pressure, after crude oil and gasoline futures shot up late last week,” AAA spokesman Mark Jenkins said. “This could contribute to higher prices at the pump this week or next. How much higher remains to be seen.”
The rise in gas prices came amid refinery issues and the ongoing conflict in the Red Sea.
According to AAA, the U.S. price of crude oil settled at $78.01 per barrel, which is $4.60 per barrel more than the week before and the highest daily settlement since mid-November.
Visit GasPrices.AAA.com to view state and local average gas prices.
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