Florida gas prices jumped an average of 10 cents per gallon last week. Sunday’s state average of $3.46 per gallon is the most expensive daily average price since mid-May. Osceola County drivers are seeing average prices a penny higher at $3.47, while the national average is higher at $3.59 per gallon of regular unleaded.
“Summer hasn’t officially begun, but the driving season is off to a roaring start,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Gasoline demand figures from the past few weeks have been stronger than what we saw during this same time last year. That has contributed to volatility at the gas pump, which is perfectly normal this time of year. The good news for drivers is that oil prices remain low. As long as that’s the case, the state average should remain below this year’s high of $3.72 per gallon.”
Oil prices declined last week, despite efforts from OPEC to boost oil prices by extending production cuts that were set to expire this year, and in the case of Saudi Arabia, pledging to cut an additional 1 million barrels per day beginning in July.
Gas demand is a little more than 1% over the same time last year. Gasoline demand over the past four weeks averaged 2% stronger than the same time last year.
Here are a few ways to save on gas expense:
- Combine errands to limit driving time.
- Shop around for the best gas prices in your community.
- Pay with cash. Some retailers charge extra per gallon for customers who pay with a credit card.
- Remove excess weight in your vehicle. Every 100 pounds taken out of the vehicle improves fuel economy by 1-2 percent.
- Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.
AAA Resources for Drivers
- Find the lowest gas prices in your area by using the free AAA mobile app.
- Determine anticipated fuel costs for your trip by using the AAA’s Gas Cost Calculator.
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