Gas prices continue to move toward $3.00 per gallon with the average price for a gallon of regular unleaded at 2.91. That’s higher than the national average of $2.88 and higher than the average in Osceola County, which is at $2.89 per gallon.
According to AAA, drivers are paying the highest daily average price since May 2018.
Florida gas prices have now reportedly moved up by more than 70 cents since Jan. 1, and 30 cents since the start of March. According to AAA, the upward trend is driven by a shrinking global supply and the belief that COVID-19 vaccinations will boost fuel demand.
The positive news is wholesale gasoline prices have dropped 20 cents last week, meaning potentially dropping prices at the pump in the near future.
“Gas prices could soon begin to slip lower,” said AAA spokesman Mark Jenkins.