Florida drivers are paying prices they’ve never seen before at the gas pumps.The average cost for a gallon of unleaded gas in our state stayed at a record $4.49 overnight. It’s 29 cents more than this time last week.AAA says that $4.49 a gallon beats the old record from last week. On Friday morning, the average prices was $4.46.One year ago, gas only cost $2.89 a gallon. So why are they so high now? AAA says oil prices are not at record highs, but are almost 70-percent more than last year and fuel supplies were already tight heading into the start of the year, and it’s only gotten worse, with the war in Ukraine. We also have the summer travel season starting up soon. So demand will stay strong for a while. But analysts say those super high prices will likely mean oil production will get back closer to levels we saw before the pandemic.But bottom line, prices are expected to stay high for the foreseeable future even though they should jump around from time to time.Florida is one of the 10 states with the largest increases.”Gas prices are so high that it has really put a damper on my finances,” Florida resident Edwin Martinez said.”Have you ever paid this much for gas in your life?” WESH asked.”No, nobody has,” said Neal Trantham, another Florida resident.As we approach $4.50 per gallon, the general consensus is that prices are too high.Now, the state of Florida just announced a move that is hoped to bring the price of gas down in Florida.The sale of a special winter blend of gas will now be allowed, which will increase the supply of gas available for people to buy.
Florida drivers are paying prices they’ve never seen before at the gas pumps.
The average cost for a gallon of unleaded gas in our state stayed at a record $4.49 overnight. It’s 29 cents more than this time last week.
AAA says that $4.49 a gallon beats the old record from last week. On Friday morning, the average prices was $4.46.
One year ago, gas only cost $2.89 a gallon.
So why are they so high now? AAA says oil prices are not at record highs, but are almost 70-percent more than last year and fuel supplies were already tight heading into the start of the year, and it’s only gotten worse, with the war in Ukraine.
We also have the summer travel season starting up soon. So demand will stay strong for a while. But analysts say those super high prices will likely mean oil production will get back closer to levels we saw before the pandemic.
But bottom line, prices are expected to stay high for the foreseeable future even though they should jump around from time to time.
Florida is one of the 10 states with the largest increases.
“Gas prices are so high that it has really put a damper on my finances,” Florida resident Edwin Martinez said.
“Have you ever paid this much for gas in your life?” WESH asked.
“No, nobody has,” said Neal Trantham, another Florida resident.
As we approach $4.50 per gallon, the general consensus is that prices are too high.
Now, the state of Florida just announced a move that is hoped to bring the price of gas down in Florida.
The sale of a special winter blend of gas will now be allowed, which will increase the supply of gas available for people to buy.
