Since last week, Florida’s 14-cent per gallon increase marked the second-highest price jump in the nation and put the state at the 10th-most expensive at the pump.
According to Thursday’s AAA report, Florida’s gas price shot up from $3.57 last week to $3.71. In Gainesville, the cost per gallon is at $3.73, up from $3.60 last Thursday.
Nationally, the average for a gallon of gas rose less than a nickel since last week to hit $3.68.
“The recent surge in oil costs took a break this week, with the price of oil tumbling back into the upper $70s per barrel,” said Andrew Gross, AAA spokesperson, in the press release. “If this oil price trend continues, drivers may see falling gas prices.”
In new data from the Energy Information Administration (EIA), gas demand decreased from 8.94 to 8.52 million barrels per day (b/d) last week. Domestically, gasoline stocks increased slightly by 1.3 million barrels of crude oil (bbl) to 223.5 million bbl. According to the release, “lower demand, alongside growth in stocks, would typically push pump prices down; however, elevated oil prices over the past month pushed them higher.”
U.S. refineries are also returning to service from their winter/spring maintenance. The EIA reported total input rose last week by 330,000 b/d to 16.44 million b/d. More refinery operations will be restarted in the next three weeks.
Today’s national average of $3.68 is 24 cents more than a month ago but 43 cents less than a year ago.
Thursday’s national average of $3.68 is up from $3.44 last month. Last year’s price was $4.11 per gallon.
Florida has the 10th most expensive average in the U.S. at $3.71 per gallon. A month ago, the average cost was $3.45 and last year it was $4.10.
According to gasbuddy.com, here are the lowest prices to fill up in Alachua County:
- $3.43 at Raceway, 15330 NW US 301, Waldo
- $3.44 at Pilot, 17276 US 301, Waldo
- $3.49 at Love’s Travel Stop, 5615 SE US 301, Hawthorne
- $3.49 at Sam’s Club, 4001 SW 30th Place, Gainesville
- $3.49 at Texaco, 6850 SE US 301, Hawthorne
- $3.49 at Shell, 7015 US 301, Hawthorne
- $3.49 at Marathon, 3970 NE County Road 340, High Springs
Since last Thursday, these 10 states have seen the largest increases in their averages: Arizona (+16 cents), Florida (+14 cents), Washington (+13 cents), Montana (+12 cents), New Hampshire (+11 cents), Kansas (+11 cents), Connecticut (+11 cents), Rhode Island (+10 cents), North Dakota (+10 cents) and Massachusetts (+10 cents).
The nation’s top 10 most expensive markets: California ($4.90), Hawaii ($4.78), Arizona ($4.68), Washington ($4.56), Nevada ($4.28), Illinois ($4.09), Oregon ($4.07), Alaska ($3.93), Pennsylvania ($3.77) and Washington, D.C. ($3.74).