10 states now have average gas prices above $5 : NPR

Drivers across Florida are seeing higher gas prices as school is out and driving season is upon us, the American Automobile Association said. According to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon https://turbo-tax.org/florida-gas-prices-sit-at-10/ or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more. GasBuddy, for instance, offers a rewards program that can save users up to 25 cents per gallon at the pump.

Mississippi has the lowest price of gas, with an average of $3.07 per gallon of regular gas. Gasoline prices also fell week on week in other states including Missouri, Nebraska, New York, and South Dakota. Average retail gasoline prices rose the most in California, rising 10% week on week to $6.382 per gallon, and Alaska, rising by 11% to $5.34, according to AAA. According to a release from AAA, the average price of a gallon of gas rose 12 cents, to $3.58 a gallon as of Sunday. The state average of $3.46 per gallon on Sunday is the most expensive daily average price since mid-May.

Florida gas prices unexpectedly rise 16 cents last week

The average price per gallon in the state on Monday was $3.35 per gallon, higher than in any state south of Illinois and east of Colorado. In the past two weeks, the national average for a gallon of gasoline has risen 25 cents. On Monday, gas prices in Florida hovered at $3.40 per gallon — nearly 17 cents less than what https://turbo-tax.org/ drivers are paying across the U.S. According to AAA, this is because Saudi Arabia unexpectedly announced plans Sunday to cut oil production, causing oil prices to rise overnight. Gas prices in Florida dropped an average of 17 cents per gallon last week, continuing the 7-week downward trend, AAA reported Monday.

• More people might feel that pinch than in 2020, when many holiday get-togethers were curtailed due to COVID-19.
• Using booking information, AAA estimates 83 percent of Floridians plan to travel this year, up from 61 percent in 2022, with 40 percent of Floridians heading out for a spring vacation.
• Gas prices this holiday travel week will hit their highest of the year in Florida, according to AAA, the Auto Club Group.
• In Fort Lauderdale, the average cost is $3.49 a gallon – up 7 cents from the previous week but down 5 cents from last month.

„Gas is something necessary for our world so we use it a lot. So, that’s why based on just a theory we don’t expect to see a lot of change in how much people use gas,” Akbari said. There’s no doubt where our economy stands now has changed the way people go about their daily lives. Garvey said his business is lucrative, but like so many other jobs on wheels the costs are causing him to rethink where he sets up. „It’s unfortunate that in the end it’s the consumer that’s paying whether you know it’s a single mom or a family of four or five or six. Everything is going up,” Garvey said. Florida tops a AAA list of spring “hot spots,” ahead of Hawaii, Las Vegas, New York City, San Francisco and New Orleans.

Fort Lauderdale

Gas prices in Florida hit previous record levels in early March, reaching $4.21 per gallon. Prices nationally have been on the rise since the start of the month and averaged $3.47 on Monday. On Sunday, the state average for a gallon of gas was $3.46 per gallon, according to AAA – The Auto Club Group. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

At the same time, total domestic gasoline stocks stayed flat at 219.5 million barrels of crude oil. „Fortunately, after the initial gains on Monday, the oil market plateaued through the rest of the week,” Jenkins said. „It’s possible that retail gas prices could inch up a little more this week before fully adjusting to the moves in the futures market.” Mark Jenkins, spokesman for AAA, said the spike was expected, after OPEC announced it was cutting oil production, causing oil prices to surge.

Florida gas prices drop for 2nd straight week

Florida gas prices jumped 16 cents in just four days after dropping to a record low for this year of $3.17 per gallon on Wednesday. Florida gas prices declined for a second consecutive week, dropping a total of 19 cents per gallon, AAA reported Monday. All average retail prices in this report are for a gallon of regular, unleaded gasoline.

Florida gas prices jumped 10 cents per gallon last week and the price of gas is expected to continue climbing, AAA reported Monday. Florida drivers are paying an average of $2.79 for a gallon of regular unleaded gasoline Monday, the lowest average since March 8, according to the American Automobile Association. Drivers in Florida are paying an average of $3.28 for a gallon of regular unleaded gasoline on Monday, according to AAA. That’s four cents below the 2021 high of $3.32 and below the national average of $3.42.

The vast majority of Floridians traveling more than 50 miles during the holiday period will drive. The state’s highest average gas prices are in the West Palm Beach, Naples and Fort Lauderdale markets, while the Panhandle and Vero Beach areas have the lowest averages, according to AAA. Florida drivers are paying an average of $2.89 for a gallon of regular unleaded gas on Monday morning, which is a penny more than at the same time last week, the American Automobile Association says. Florida drivers are paying an average of $3.01 for a gallon of regular unleaded gasoline, the first time that number has passed $3 since October 2014, according to the American Automobile Association. Florida gas prices jumped 8 cents last week, averaging $4.18 a gallon on Sunday, AAA reported. Florida gas prices rose 17 cents last week following the expiration of the state’s gas tax holiday on Nov. 1, AAA reported Monday.

• According to a report released Tuesday from AAA, people living in the Sunshine State are more comfortable traveling now than at any other time since the pandemic began.
• „Summer hasn’t officially begun, but the driving season is off to a roaring start,” AAA spokesman Mark Jenkins said.
• Florida’s gas prices have jumped 12 cents in the past week, 24 cents over two weeks, and the bad news is that experts see them getting higher before they come back down.
• Florida gas prices are on the rise, with the state average jumping 16 cents per gallon in less than a week, according to AAA.
• Further complicating matters is the price of diesel which now stands at $5.64 a gallon, making deliveries of all items and goods more expensive, including gas deliveries.
• „Gas is something necessary for our world so we use it a lot. So, that’s why based on just a theory we don’t expect to see a lot of change in how much people use gas,” Akbari said.

The highest average price — $6.34 — is in California, but 10 states have now surpassed the $5 mark. “The East Coast remains highly susceptible to Russia’s war on Ukraine, as European countries seek out supplies of oil and refined products from elsewhere, putting upward pressure on prices on the East Coast,” the report said. However, Akbari said there could be a change in how people spend their money and in some cases Akbari said we could see people spend more cash as the prices climb.

„We’re seeing steady drops in gasoline supply here in the United States, and that’s ultimately driving gas prices higher,” AAA spokesman Mark Jenkins said. „So, you have less supply at a time when demand is really increasing because of summer travel right around the corner.” Florida gas prices dropped 9 cents last week and through Labor Day weekend, AAA reported Tuesday. „We are in unprecedented territory with gasoline prices headed for a national average of $5 a gallon,” Holt told NPR on Monday.

• There are a variety of gas apps out there to help you make an informed decision about where to fill up your tank next.
• The least expensive markets are Crestview-Fort Walton Beach ($3.18), Pensacola ($3.22) and Panama City ($3.22).
• Gas prices have been rising for weeks across the country, but especially in Florida.
• „Fortunately, after the initial gains on Monday, the oil market plateaued through the rest of the week,” Jenkins said.
• „So, you have less supply at a time when demand is really increasing because of summer travel right around the corner.”

Florida gas prices fell for the ninth consecutive week last week, dropping 14 cents per gallon, AAA reported Monday. Florida gas prices fell 11 cents last week, which is the 10th consecutive week prices at the pump have lowered, AAA reported Monday. Florida’s gas prices dropped over the weekend just as the state gas tax holiday went into effect, AAA reported Monday. A flurry of issues have contributed to higher gas prices this year, including rebounding demand in gasoline after Covid lockdowns, lower supplies and sanctions on Russian gas imports across the globe. In the Tampa-St.Petersburg-Clearwater metro area, AAA estimates a gallon of regular gasoline will cost around $4.51 a gallon, which is 36 cents more than a week ago when the price was $4.15 a gallon. Further complicating matters is the price of diesel which now stands at $5.64 a gallon, making deliveries of all items and goods more expensive, including gas deliveries.

Florida’s gas prices are once again moving lower after a slight increase last week, AAA reported Monday. Citing the oil market’s volatility in the face of factors such as the EU’s plan to cut off nearly all Russian oil imports, AAA warned, „pump prices will likely remain elevated as long as demand grows and supply remains tight.” When it comes to gas prices and inflation she said it has changed people’s routines.