Quiet hurricane season pushes gas prices lower

Gas pump

Gas prices dipped after a slight increase last week in both Florida and nationally.

According to Monday’s AAA weekly report, Florida’s average price per gallon dropped to $3.51, down from $3.60 last week. The Sunshine State has the 15th least expensive average price in the nation. Two weeks ago, Florida led the nation with a 12-cent drop to $3.52 per gallon.

AAA attributes the decrease to lower oil prices, modest gasoline demand in the U.S., and a quiet hurricane season to date. The national average fell seven cents in the past week to $3.77.

“According to weather analysts, it’s the first time in 25 years that a named Atlantic storm did not develop in August. That’s the good news,” said Andrew Gross, AAA spokesperson, in a statement. “But we still have another month of peak hurricane season, and these storms can affect gas prices by disrupting oil production and refining.”

Another reason for cheaper oil prices comes from recent lackluster Chinese manufacturing output due to lower demand for goods, along with new COVID-19 outbreaks in Chinese industrial cities, according to the release. China is the world’s largest importer of crude oil.

Monday’s national average of $3.77 is 31 cents less than a month ago but 59 cents more than a year ago. In Florida, prices averaged $3.80 last month and were at $3.01 last year.

In the Gainesville area, prices decreased from $3.63 to $3.56.

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

  • $3.34 at Circle K, 15089 NW US 441, Alachua
  • $3.35 at Circle K, 16130 NW US Hwy 441, Gainesville
  • $3.36 at Sam’s Club, 4400 SW 33rd Pl, Gainesville
  • $3.39 at Circle K, 19531 NW US Hwy 441, High Springs
  • $3.43 at The Short Stop, 2610 NE 39th Ave., Gainesville
  • $3.43 at Raceway, 16171 NW US Hwy 441, Alachua
  • $3.43 at Murphy Express, 6323 NW 13th St., Gainesville
  • $3.45 at Amoco, 1720 S. Main St., Gainesville
  • $3.45 at Shell, 13820 NW 140th St., Alachua

Quick Stats 

The nation’s top 10 largest weekly decreases: Vermont (−15 cents), Connecticut (−14 cents), Rhode Island (−14 cents), Pennsylvania (−14 cents), Massachusetts (−13 cents), Maine (−13 cents), New York (−12 cents), Delaware (−12 cents), New Jersey (−12 cents) and Maryland (−12 cents).

The nation’s top 10 least expensive markets: Texas ($3.25), Arkansas ($3.25), Mississippi ($3.26), Louisiana ($3.30), Georgia ($3.31), Oklahoma ($3.34), Tennessee ($3.36), Missouri ($3.36), Alabama ($3.37) and South Carolina ($3.39).

Gas prices in Florida 9-6-22
Courtesy of AAA
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments