Why Have Florida Gas Prices Gone Up Again December 3019

Shell gas prices in West Palm Beach, May 10, 2022

Westward PALM Embankment, Fla. — The pain at the pump continues for drivers, and it just got a petty worse.

The average for a gallon of regular gas reached an all-fourth dimension high of $iv.374 in the U.Due south. on Tuesday after increasing by 5 cents overnight, AAA said.

In the past two weeks, the national average for a gallon of gasoline has risen 25 cents.

The increase is primarily due to the high cost of rough oil, which was hovering near $100 a butt Tuesday later on surging to $110 concluding week.

The leader of the Eu called on the 27-nation bloc terminal week to phase out imports of crude oil within six months and refined products by the end of the year, causing oil prices to spike.

BP

WPTV/Kamrel Eppinger

The price for a gallon of gas at a BP gas station on Okeechobee Boulevard nigh Interstate 95 was $iv.99 on May 10, 2022.

RELATED: Check gas prices in your area

"With the cost of oil accounting for more than one-half of the pump cost, more expensive oil means more expensive gasoline," AAA spokesperson Andrew Gross said.

Gas prices are slightly lower in Florida than the national average but accept increased in recent weeks after a slight dip in April.

The average price for a gallon of gas in Florida is currently $4.282 with Palm Beach County leading the country at $4.446, according to AAA.

The cost to make full up on the Treasure Coast is slightly lower than in South Florida with drivers paying $four.344 in Martin County, $4.xxx in St. Lucie County and $4.319 in Indian River County.

Gas prices at Mobil gas station near West Palm Beach, May 10, 2022

WPTV/Kamrel Eppinger

Drivers were paying $4.19 a gallon at a Mobil gas station located along Okeechobee Boulevard at Manor Avenue almost West Palm Beach on May 10, 2022.

Earlier the surge in fuel costs, driver Shadae Lewis said she was paying near $50 to fill up up her gas tank.

RELATED: Drivers making tough choices as gas prices striking records highs in Florida

Simply Tuesday, at $4.99 a gallon, she shelled out a whopping $85.

"Information technology'due south a lot, only you're going to demand gas … you got places to get, so you tin't really argue about it," Lewis said.

Gas prices in Florida hitting previous record levels in early March, reaching $four.21 per gallon.

These figures are a dramatic increase from what Florida drivers were paying at this time final twelvemonth when the average price to fill was $2.876.

Palm Beach County driver Shadae Lewis

WPTV

Shadae Lewis voices her concerns well-nigh the rising gas prices and how it's impacting her wallet.

AAA said fuel prices could continue to ascent as the global oil supply remains tight and the market remains highly volatile.

"We're seeing steady drops in gasoline supply hither in the United States, and that's ultimately driving gas prices college," AAA spokesman Mark Jenkins said. "So, you take less supply at a time when demand is really increasing considering of summer travel right effectually the corner."

RELATED: Surging fuel prices result in college costs for businesses

Co-ordinate to a report released Tuesday from AAA, people living in the Sunshine Country are more comfortable traveling at present than at any other time since the pandemic began.

The study found that 51% of Floridians notwithstanding plan to travel this summer while finding other ways to get-go the high costs of fuel.

"They might exist taking shorter trips, traveling closer to domicile, fewer trips or simply making adjustments in their budget," Jenkins said.

But for residents like Alfonso Heathen, that won't be the case. He said his vacation coin this summertime will be going toward his gas tank and hire.

"And now the new lease is $ane,800, so it'southward non every bit easy especially if you live by yourself. No, [I] tin't beget it," Infidel.

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Source: https://www.wptv.com/traffic/gas-prices/gas-prices-surging-again-hit-record-levels-in-florida

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