Florida gas prices continue to skyrocket, approaching $3 a gallon

by | Mar 15, 2021

Gas prices continue to skyrocket across Florida, inching closer to the $3 price tag.

The average price of a gallon of regular unleaded gasoline jumped another 15 cents, putting a $2.87 per gallon price tag at the pump for Florida drivers. The jump at the pump is the highest since June 2018, according to the American Automobile Association (AAA).

Mark Jenkins, a spokesman for the American Automobile Association (AAA), says several factors are contributing to the uptick in prices, including continued oil refineries issues colliding with rising demand from consumers.

“Global and domestic supply and demand continue to be the story behind rising prices at the pump,” said Jenkins “Although gas prices normally increase in the spring, the price hike is especially pronounced this year, as global crude supplies tighten and domestic refinery issues lead to reduced gasoline supplies.

“Unfortunately, the pain at the pump may get a little worse before it gets better. Gasoline futures and wholesale prices rose another 10 cents late last week. The increase is said to be based on optimism that gasoline demand will continue to grow. It’s possible that increase could cause gas prices to rise again this week, dragging the state average even closer to $3 a gallon.”

AAA also noted that since the start of 2021, the Sunshine State has seen the average price go up 67 cents per gallon.

“Florida’s average price has increased 67 cents per gallon since starting the year at $2.20. The main driver of that increase has been the price of crude oil, which increased almost 40 percent since January 1,” AAA said.

Areas like Palm Beach ($2.97), Monroe ($2.96), Miami Dade ($2.91), and Broward ($2.89), saw the highest increase in gas prices across the state, while cities such as Pensacola ($2.80), and Panama City ($2.81) posted some of the lowest prices.

 The national average sits at $2.86 per gallon.

For a full breakdown of gas prices across Florida, click here.


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