Gas prices soared across the country over the past week as the national average surged 20 cents per gallon, while Gainesville prices saw a more modest 8 cent increase.
According to the AAA weekly report, the rise is due to the high cost of crude oil, which went from around $100 per barrel last week to nearly $110.
“With the cost of oil accounting for more than half of the pump price, more expensive oil means more expensive gasoline,” AAA’s Andrew Gross said in a statement. “These prices are creeping closer to those record high levels of early March.”
In the Gainesville area, the average price increased from $4.22 on April 11 to $4.30 since last Monday.
According to GasBuddy.com, the following locations have the best prices in Alachua County:
- $3.99 at Amoco, 2222 NE Waldo Rd., Gainesville
- $4.09 at Circle K, 15089 NW US 441, Alachua
- $4.17 at Sunoco, 6800 W. Newberry Rd., Gainesville
- $4.19 at Murphy Express, 6323 NW 13th St., Gainesville
- $4.19 at Raceway, 15330 NW US 301, Waldo
- $4.19 at Chevron, 1425 SE Hawthorne Rd., Gainesville
- $4.19 at Sunoco, 528 NW 8th Ave., Gainesville
- $4.19 at Circle K, 2320 SW Archer Rd., Gainesville
- $4.19 at Marathon, 1606 NW 13th St., Gainesville
AAA shows Florida ranks 26th in the nation for the highest average gas cost at $4.21 per gallon. The state’s record high average of $4.37 came on March 11.
Nationally, the average price per gallon rose 20 cents to $4.32. The cost is $1.36 more than a year ago.
New Energy Information Administration (EIA) data indicated domestic gasoline stocks decreased by 2.2 million bbl to 228.6 million barrels of oil (bbl) last week while gasoline demand escalated slightly from 8.74 million b/d to 8.86 million barrels per day (b/d). Pump prices will likely continue upward as oil prices stay above $105 per barrel.
For those in the market for a new ride, one way to end the pain at the pump may be to dump the pump. In the latest online AAA Car Guide, all category winners for 2022 are electric or electric hybrid vehicles. In addition to being highly fuel-efficient, the winners are loaded with the latest advanced driver assistance systems.
The nation’s top 10 largest weekly increases: Michigan (+26 cents), New Jersey (+25 cents), Connecticut (+19 cents), Kentucky (+19 cents), Indiana (+19 cents), Rhode Island (+19 cents), Illinois (+18 cents), Washington, D.C. (+18 cents), Alabama (+18 cents) and Tennessee (+18 cents).
The nation’s top 10 most expensive markets: California ($5.82), Hawaii ($5.28), Nevada ($5.11), Washington ($4.83), Oregon ($4.81), Alaska ($4.73), Washington, D.C. ($4.69), Arizona ($4.66), Illinois ($4.59) and New York ($4.51).