Gasoline prices are at record low prices at the pump in Florida, according to AAA Florida Auto Club data released Monday.
The average price for a gallon of gasoline in Florida fell to about $2.04 per gallon, and $1.95 per gallon in Osceola. It’s the lowest price in about a month and many gas stations around the Sunshine State are beginning to see prices continue to fall below the $2 mark.
“Sub-$2 gas prices are beginning to pop up in various Florida cities,” said Mark Jenkins, AAA Florida spokesperson. “Pump prices are drifting lower as COVID concerns creep back into the fuel market.
When the COVID-19 pandemic began spreading through the sunshine state in March, gas prices generally fell, and that continued in April as personal and commercial driving slowed. When it appeared the COVID-19 pandemic was relaxing in May and June, prices moved back up, but when the pandemic began surging back through most of the summer and into fall, prices started to tank again.
“Gasoline demand is already 15% lower than this time last year. Meanwhile, fuel supplies remain strong. It’s possible the state average could dip below $2 a gallon in the coming weeks. If that happens, it would be the first time since June,” Jenkins said.