Florida gasoline prices fell to their lowest level in four months over the past week, with declining oil and gasoline futures signaling the potential for additional relief at the pump, according to AAA.
The statewide average dropped 7 cents to $3.80 per gallon Sunday, down from $3.87 a week earlier and $4.18 one month ago. Prices have fallen 62 cents from their late-September peak of $4.42 and nearly 72 cents from the 2026 high of $4.52 recorded in May.
“Florida drivers are finally seeing some meaningful relief at the pump, and there could be more on the way,” said AAA spokesman Mark Jenkins.
The declines come as energy markets respond to improving global supplies, softer demand and easing concerns about potential supply disruptions.
U.S. crude oil settled at $90.83 per barrel Friday, down nearly 11% from October 20. Gasoline futures also declined, falling from $3.11 to $2.78 per gallon over the same general period.
Florida’s average remained approximately 22 cents below the national average of $4.02, although prices were still 93 cents higher than a year earlier.
Among Florida metropolitan areas, West Palm Beach-Boca Raton reported the highest average at $3.97, while Panama City had the lowest at $3.50.