MIAMI.- Gasoline prices in Florida rose 15 cents in the past week, dragged down by a rise in the price of oil, which closed last week higher.
The average price for a gallon of gasoline this Sunday was $3.41, compared to $3.26 last week, reports AAA website, which tracks gasoline prices in the US.
“Florida drivers may be surprised to learn that China is having a direct impact on what they pay at the gas station,” said Mark Jenkins, public relations manager for AAA – The Auto Club Group.
“Over the past two weeks, oil prices have made strong gains on the belief that fuel demand will increase as China reopens its economy. China is the world’s largest oil importer and since oil is a globally traded commodity Global fluctuations in supply and demand have a direct impact on local prices, as they always have,” Jenkins explained.
Data released by AAA showed prices as of Monday remained stable and close to the national average of $3.42 per gallon.
As of this date, prices are $18 cents higher than last year’s value of $3.59. In June 2022, prices reached a state record of $4.89 per gallon of gasoline, something that had never been seen in Florida.
Petrol prices already seem to have adjusted to oil volatility, but price action in coming days will depend on what happens in the oil market this week.
The most expensive and cheapest gasoline in Florida
West Palm Beach-Boca Raton ($3.61), Miami ($3.47) and Fort Lauderdale ($3.47) had the highest gasoline prices the week before. While the lowest prices were found in Panama City ($3.22), Crestview-Fort Walton Beach ($3.22) and Pensacola ($3.27).
The average price of gasoline in Miami-Dade and Broward rose this Tuesday to $3.25 and $3.46, respectively, while in Palm Beach it was $3.61, according to the AAA survey.
If you’re concerned about the cost of gasoline, there are small things you can do to save fuel and money.
There are ways drivers can save fuel, here is a list of some experts’ recommendations:
- Driving smooth, which can make your car engine run more efficiently. Do not speed or race from stoplight to stoplight.
- compare prices. Depending on where you live, there can be a big or small difference in prices between gas stations. And even if the difference in price per gallon is only a few cents, it can still add up to hundreds of dollars per year.
- There are apps like GasBuddy, Gas Guru, and AAA TripTik that you can use to find the best prices along your route.
- Some loyalty programs, including those of many major gas station chains, offer discounts and most are free.
- Share trips with friends, family or trusted neighbors who have the same destination or at least a very close one. Leaving the car at home for at least a day can make a difference.
- Maintain the air pressure in the vehicle’s tires at the recommended values and do not load the car to make it heavier.