Gas prices fall as summer driving season approaches

gas pump
Dawn McDonald/Unsplash

The average cost per gallon of gas in the Gainesville area dropped seven cents from last week.

According to Thursday’s weekly AAA gas report, prices fell from $3.18 last week to $3.11, while the average price per gallon in Florida decreased from $3.17 to $2.99. The national price dipped from $3.18 to $3.15.

The gas demand has slid in the past week during the lull between spring and summer travel. OPEC+ announced Saturday, May 3, that it will increase oil output in June, which will widen the supply surplus and potentially cause crude oil prices to drop again, according to AAA.

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Since last year, the national average at the pump is nearly 49 cents less.  

According to the latest data from the Energy Information Administration (EIA), gasoline demand decreased from 9.09 million barrels per day (b/d) last week to 8.71. The total domestic gasoline supply increased from 225.5 million barrels of crude oil (bbl) to 225.7. Gasoline production decreased last week, averaging 9.7 million barrels per day. 

Thursday’s national average for a gallon of gas is $3.15 is nine cents less than last month’s $3.24. Last year, the price was $3.64.

Florida is the 25th-most expensive state in price per gallon at $2.99. Last month, gas was $3.19 per gallon and last year it was $3.54 statewide.  

In the Gainesville area, last month’s price was $3.24 per gallon, and last year it was $3.63.

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

  • $2.75 at BP, 15295 NE US 301, Waldo
  • $2.75 at Raceway, 15330 NW US 301, Waldo
  • $2.79 at Marathon, 14495 Cole St., Waldo
  • $2.79 at Pilot, 17276 US 301, Waldo
  • $2.87 at Murphy Express, 6323 NW 23rd St., Gainesville
  • $2.87 at Circle K, 4565 NW 13th St., Gainesville
  • $2.87 at Sunoco, 4207 NW 13th St., Gainesville
  • $2.87 at Sunoco, 5310 NW 13th St., Gainesville
  • $2.89 at Chevron, 5708 NW 34th St., Gainesville

State Stats 

Gas 

The nation’s top 10 most expensive gasoline markets are California ($4.82), Hawaii ($4.49), Washington ($4.26), Oregon ($3.90), Nevada ($3.89), Alaska ($3.60), Illinois ($3.43), Pennsylvania ($3.30), Idaho ($3.30), and Utah ($3.30).  

The nation’s top 10 least expensive gasoline markets are Mississippi ($2.64), Louisiana ($2.70), Oklahoma ($2.73), Arkansas ($2.74), Alabama ($2.75), Tennessee ($2.75), Texas ($2.76), South Carolina ($2.77), Missouri ($2.82), and Kansas ($2.83). 

Electric 

The nation’s top 10 most expensive states for public charging per kilowatt hour are Hawaii (54 cents), Alaska (47 cents), West Virginia (47 cents), Montana (44 cents), Louisiana (43 cents), Kentucky (42 cents), Tennessee (42 cents), Idaho (42 cents), South Carolina (41 cents), and New Hampshire (40 cents).   

The nation’s top 10 least expensive states for public charging per kilowatt hour are Kansas (22 cents), Missouri (25 cents), Delaware (26 cents), Iowa (27 cents), Nebraska (29 cents), Utah (29 cents), Texas (30 cents), Maryland (30 cents), Vermont (30 cents), and North Carolina (31 cents). 

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