Jacksonville, Fl — Our gas prices may be bottoming out before another spike. The state average is 36 cents less than the 2023 high, according to AAA Florida.
The dip is driven by falling oil prices. However, oil prices are back up, which means gas prices are likely to get more expensive soon.
“Florida gas prices are at their lowest level since late January,” said Mark Jenkins, Public Relations Manager for AAA - The Auto Club Group. “The recent dip was driven by falling oil prices. Unfortunately, that downward trend ended last week, and oil prices are back up, which means gas prices are likely to get more expensive soon.”
On Sunday, the state average was $3.22 per gallon. The state average has declined 12 cents within the past 10 days.
“It’s very common to see gas prices rise this time of year,” Jenkins said. “Gasoline demand in Florida often reaches its highest point of the year, during March. That’s because warming temperatures entice Floridians, winter residents and spring breakers to all travel Florida roads. In addition, this is the time of year when oil refineries conduct seasonal maintenance and begin producing summer gasoline, which is more expensive to produce than the winter fuel.”
Gas Buddy reports some stations around the southside of Jacksonville have unleaded as low as $3.05 per gallon.