Gas prices drop for first time in weeks

Gas pump and truck in Gainesville at Circle K
Photo by C.J. Gish

After several weeks of continuous price spikes at the pump, Florida witnessed a slight drop.  

The national average for gas slid three cents since last week to $3.47 per gallon. In Florida, gas fell eight cents from $3.56 to $3.48 and $3.57 to $3.51 in Gainesville.  

“Keep an eye on the price of oil, because oil currently accounts for nearly 60% of what we pay at the pump,” AAA spokesperson Andrew Gross said in a statement. “And rising or falling oil prices can have a direct impact on motorists’ wallets.” 

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According to Energy Information Administration (EIA) data, gas demand rose from 8.14 million barrels per day (b/d) to 8.49 b/d last week. However, even with gas demand increasing, the total supply growth assists with limiting price spikes at the pumps.  

Florida has the 16th most expensive average at $3.48 per gallon. A month ago, the average cost was $3.30; last year, it was $3.46. 

According to gasbuddy.com, here are the lowest prices to fill up in Alachua County: 

  • $3.29 at Sam’s Club, 4400 SW 33rd Place, Gainesville.   
  • $3.32 at Murphy Express, 6323 NW 23rd St., Gainesville.  
  • $3.34 at The Short Stop, 2610 NE 39th Ave., Gainesville.  
  • $3.34 at Circle K, 5708 NW 34th St., Gainesville.  
  • $3.36 at Sunoco, 4207 NW 13th St., Gainesville.  
  • $3.36 at Circle K 4565 NW 13th St., Gainesville.  

Quick Stats  

The nation’s top 10 largest weekly decreases: Delaware (−15 cents), Ohio (−12 cents), Maryland (−9 cents), South Carolina (−9 cents), Tennessee (−9 cents), Alabama (−8 cents), Michigan (−8 cents), Indiana (−8 cents), Florida (−8 cents) and Virginia (−7 cents). 

The nation’s top 10 least expensive markets: Texas ($3.08), Mississippi ($3.12), Oklahoma ($3.13), Missouri ($3.13), Kentucky ($3.14), Arkansas ($3.14), South Carolina ($3.17), Kansas ($3.18), Louisiana ($3.19) and Tennessee ($3.19). 

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