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Gainesville-area gas prices plunge over 30 cents in last week

Gas nozzle into car.
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Key Points
  • Gas prices in the Gainesville area fell from $4.37 to $4.03 per gallon over the past week after reaching a four-year high last month.
  • Florida has the 15th lowest gas price nationwide at $3.90 per gallon, down from $4.21 last month and $3.02 last year statewide.

Gas prices in the Gainesville area dropped over 30 cents over the past week after hitting four-year highs last month.  

According to the AAA’s weekly report released on Thursday, the cost per gallon in the Gainesville area is $4.03, down from $4.37 on May 28. The average price in Florida went from $4.21 to $3.90, and nationwide, the cost dropped to $4.24 from $4.42.

“The national average for a gallon of regular gasoline is down 18 cents since last week to $4.24. This marks the second straight week of decline,” the AAA release stated. “Pump prices are cooling off as the price of crude oil remains below $100 per barrel. Drivers will take all the relief they can get as they embark on summer road trips. But uncertainty lingers over when the Strait of Hormuz will fully reopen and resume traffic. That unknown means oil prices will likely not decrease dramatically as summertime gasoline demand starts going up.”

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This comes two weeks after the price shot up to $4.56 per gallon in the Gainesville area, with the average Florida price at $4.51 and nationwide at $4.56.

The latest data from the Energy Information Administration (EIA) shows that the gasoline demand decreased from May 28 from 9.25 million barrels per day (b/d) to 8.59 million. The total domestic gasoline supply increased from 211.6 million barrels of crude oil (bbl) to 215 million. Gasoline production also decreased, averaging 9.4 million barrels per day.

Thursday’s national average for a gallon of gas is $4.24, which is down 21 cents since last month’s $4.45. Last year, the price was $3.14.

Florida has the 15th lowest price per gallon in the nation at $3.90. Last month, gas was at $4.33 per gallon, and last year it was $3.02 statewide.    

In the Gainesville area, last month’s price was $4.39 per gallon, and last year it was $3.09.

According to GasBuddy.com, here are the cheapest stations to fill up at in Alachua County: 

  • $3.67 at BP, 15295 NE US 301, Waldo
  • $3.69 at Pilot, 17276 US 301, Waldo
  • $3.79 at Marathon, 14495 Cole St., Waldo
  • $3.84 at Sam’s Club, 4001 SW 30th Pl, Gainesville
  • $3.86 at Murphy Express, 6323 NW 23rd St., Gainesville
  • $3.86 at SUNOCO, 5310 NW 13th St., Gainesville
  • $3.86 at Chevron, 5708 NW 34th St., Gainesville
  • $3.92 at Exxon, 1633 SW 75th St., Gainesville

State Stats 

Gas 

The nation’s top 10 most expensive gasoline markets are California ($5.97), Washington ($5.66), Hawaii ($5.62), Alaska ($5.21), Oregon ($5.16), Nevada ($5.09), Illinois ($4.66), Arizona ($4.62), Idaho ($4.57), and Washington, DC ($4.51). 

The nation’s top 10 least expensive gasoline markets are Indiana ($3.55), Texas ($3.72), Oklahoma ($3.74), Louisiana ($3.79), South Carolina ($3.81), Mississippi ($3.81), Tennessee ($3.84), Georgia ($3.85), Kansas ($3.85), and North Carolina ($3.85). 

Electric 

The nation’s top 10 most expensive states for public charging per kilowatt hour are West Virginia (53 cents), Hawaii (51 cents), Alaska (47 cents), New Hampshire (47 cents), Louisiana (46 cents), California (46 cents), Illinois (45 cents), Arkansas (45 cents), New Jersey (44 cents), and South Carolina (44 cents). 

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (30 cents), Missouri (32 cents), Maryland (33 cents), Iowa (34 cents), Utah (34 cents), Nebraska (34 cents), South Dakota (34 cents), Vermont (35 cents), Colorado (37 cents), and Delaware (37 cents). 

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