Florida Gas Prices Set New 2022 High As Oil Prices Reverse Course

Florida gas prices increased another 6 cents last week, setting a new 2022 high of $3.51 per gallon. That’s 15 cents more than last year’s high, and the highest daily average price since July 2014.

The state average did drift lower over the weekend by a penny. Sunday’s state average of $3.50 per gallon is 5 cents more than this time last week; 90 cents more than this time last year. 

As tensions mount regarding a potential Russian invasion of Ukraine, the energy market actually suffered its first week of losses last week. This snapped an 8-week streak of oil price gains.

After reaching a new 2022 high of  $95.46 per barrel on Monday, the price for U.S. crude declined 5% by the end of the week. That resulted in a 2% week-over-week decline of $2 per barrel – the equivalent of a 5 cent drop at the pump.

“It’s hard to get too excited about the recent oil price drop, because prices could easily rebound if Russia invades Ukraine,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “If an invasion occurs and oil prices spike, that will most certainly drag gas prices higher too. To what degree, it’s still unclear.”

Fuel Price Overview

• Sunday’s Florida Avg. – $3.50 per gallon
• Highest Since – July 2014
• Avg. Cost for a Fill-Up – $52.50
• 2022 High – $3.51 per gallon
• 2021 High – $3.36 per gallon
• 2022 U.S. Oil Price High – 
• 2021 U.S. Oil Price High – $84.65 per barrel

Regional Prices

• Most expensive metro markets – West Palm Beach-Boca Raton ($3.63), Fort Lauderdale ($3.53), Gainesville ($3.53)
• Least expensive metro markets – Crestview-Fort Walton Beach ($3.42), Panama City ($3.44), Punta Gorda ($3.45)

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. 
• Enroll in savings programs. AAA Members who enroll in Shell’s Fuel Rewards program can save 5 cents per gallon when they fill up at Shell. Click here for more information.

Find Florida Gas Prices

• Daily gas price averages can be found at Gasprices.aaa.com 
• State and metro averages can be found here

	Sunday	Saturday	Week Ago	Month Ago	One Year Ago	Record High
National	$3.531	$3.529	$3.485	$3.320	$2.623	$4.11   (7/17/2008)
Florida	$3.499	$3.502	$3.457	$3.215	$2.603	$4.08   (7/17/2008)
Georgia	$3.374	$3.375	$3.335	$3.126	$2.486	$4.16   (9/15/2008)

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