Gas prices continue to dip across Florida in the aftermath of Hurricanes Harvey and Irma, a new study shows.
AAA released a report on Monday morning which found that gas prices in Florida averaged $2.62 per gallon on Sunday five cents lower than where gas prices stood a week before. While that’s 47 cents higher than where prices stood at the start of October last year, prices have dropped from $2.73 per gallon on September 13. That was the highest gas prices had been in the Sunshine State since December 2014.
Gas prices in Florida are above the national average. On Sunday, the national average stood at $2.56 per gallon.
Mark Jenkins, a spokesman for AAA and the Auto Club Group, said he expected prices to continue to drop in the days to come.
"No need to rush to the pump, gas prices should get even cheaper as the week progresses," Jenkins said on Monday. "Prices are still inflated after hurricanes Irma and Harvey, but will keep falling as refinery operations, supplies, imports and exports return to normal. Pump prices have another 20 cents to fall before reaching equilibrium. Expect another 5-10 cent drop this week."
South Florida had the most expensive gas in the state thanks to high prices in the West Palm Beach, Boca Raton, Miami and Fort Lauderdale markets. The West Palm Beach-Boca Raton market saw an average of $2.72 per gallon on Sunday while drivers in Miami paid, on average, $2.70 per gallon while Fort Lauderdale saw on average of $2.66 per gallon as the week started.
Pensacola had the least expensive gas in the state with drivers paying $2.54 per gallon on Sunday followed by the Tampa Bay market where prices stood at $2.55 per gallon on Sunday.