Florida gas prices rise 7 cents last week

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Florida gas prices rise 7 cents last week
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The state average has now increased a total of 23 cents per gallon since Oct. 6. ⛽

“Drivers faced another round of rising gas prices last week, as retail prices at the pump continued to adjust to the big jump in oil prices which occurred more than a week ago,” said Mark Jenkins, spokesman, AAA - The Auto Club Group. “The 17% oil price hike was largely in response to OPEC’s announcement that it would cut oil production by 2 million barrels per day in effort to raise oil prices.

Drivers are now paying $1.49 per gallon less than mid-June, when gasoline reached an all-time high of $4.89 per gallon. It now costs $51 to fill an average-sized 15-gallon tank of gasoline. That’s $22 less than what it cost when prices were at their peak during the summer.

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