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Florida Gas Prices Sink to New 2023 Low

Florida gas prices are now the lowest of 2023, according to AAA> The state average dropped 15 cents last week, settling at $3 per gallon on Sunday.

The average price per gallon Sunday night in Escambia County was $2.84, with a low of $2.65 avilable on Highway 29 in Cantonment.

“Oil and gasoline futures prices plummeted last week, after a weekly fuel report showed strong refinery activity, leading to big gains in gasoline supplies,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “About 35% of Florida gas stations now have fuel below $3 a gallon. Nearly 10% of retailers have prices in the low $2.70s. While prices could bounce around in the coming weeks, drivers should expect pump prices to remain low through the holidays unless oil prices suddenly spike.”

Source: North Escambia