Analyst: Florida Gas Prices Could Continue Climbing This Week
The average price of regular unleaded jumped 12 cents in a single week in Florida.
Floridians are paying around $2.97 a gallon for regular, up from $2.85 a gallon just last week, according to AAA - The Auto Club Group.
Regular is going for around $2.94 a gallon in Jacksonville, making it one of the five cheapest metro areas to buy gas in Florida.
The most expensive gas stations are in West Palm Beach, Panama City and Tallahassee, where drivers are paying more than $3 a gallon.
"Rising crude oil and gasoline futures could drag retail gasoline prices higher this week," said Mark Jenkins, spokesman, AAA - The Auto Club Group in an email sent to WJCT News. "Based on the shift in wholesale gasoline prices, Florida's state average may rise a minimum of 5-10 cents this week."
Fuel prices are rising as optimism grows over the reopening of economies around the globe, and how that will promote stronger fuel demand. Meanwhile, market watchers are concerned that fuel supplies will not be able to keep pace.
They expect prices to stay pretty much the same this summer, possibly dropping by 25 cents a gallon in early fall.