Florida gas prices fall below $3 a gallon, lowest daily average since December 2023: AAA

A motorist fills up the tank of a vehicle at a gasoline pump at a Costco warehouse Friday, May 31, 2024, in Aurora, Colo. Gas prices are once again on the decline across the U.S. — bringing some ease to drivers at a time of year when it usually costs a little more to fill up your tank. (AP Photo/David Zalubowski) (David Zalubowski, Copyright 2024 The Associated Press. All rights reserved.)

JACKSONVILLE, Fla.Florida gas prices fell below $3 per gallon last week, according to a study by AAA. The state average dropped to $2.93 per gallon on Sunday. That’s the lowest daily average price since December 2023.

Sunday’s state average is 17 cents less than a week ago, 22 cents less than a month ago, and 54 cents less than this time last year.

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“Florida drivers are seeing the lowest gas prices in 17 months,” said Mark Jenkins, spokesman for AAA – The Auto Club Group. “Prices dipped due to fears that the trade war could trigger a recession and reduce fuel demand. However, reports of easing tensions pushed oil prices higher last week, which could result in rising prices at the pump.”

The U.S. price for crude oil started last week at 57.13 per barrel and rose 5% to $61 by Friday, aligning with April’s price levels. Gasoline futures also gained 9 cents.

Visit GasPrices.AAA.com to view state and local average gas prices

Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.09), Gainesville ($3.06), Naples ($3.04)
  • Least expensive metro markets – Panama City ($2.79), Crestview-Fort Walton Beach ($2.79), Pensacola ($2.83)

About the Author
Travis Gibson headshot

Digital Executive Producer who has lived in Jacksonville for over 30 years and helps lead the News4JAX.com digital team.

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