Florida gas prices dip for third consecutive week
MIAMI - Florida drivers saw gas prices dip by nearly a dime last week.
According to AAA, the state average declined 8 cents per gallon. The state's average has dropped a total of 24 cents since setting a new 2023 high of $3.72 per gallon on April 21st.
On Monday, Florida drivers paid an average price of $3.48 per gallon. That's the lowest daily average price since April 6th.
"Weakness in the oil market has contributed to the recent drop in gas prices," said AAA spokesman Mark Jenkins. "That weakness has been driven by domestic economic concerns. Underwhelming Chinese economic indicators have also created uncertainty about global fuel demand
The most expensive markets for gas are West Palm Beach, Naples, and Miami. The cheapest places are in the panhandle, including Pensacola and Panama City.
Jenkins said due to the continued volatility in the fuel market, it's unclear whether our downward trend will continue in the lead-up to the busy Memorial Day travel weekend.