Florida gas prices averaged $2.37 on Sunday, the lowest in more than a month. Pump prices fell 5 cents in the past week, and motorists will see another round of discounts this week. Florida is 8th among states with the largest weekly decline at the pump (#1 was Ohio). Click here to view state and local averages.
After peaking at $2.47 on April 21, the average price has declined for the last 16 consecutive days, for a total discount of 10 cents.
"Gas prices are falling due to continued high production rates from U.S. refineries, moderate demand, and a recent drop in crude oil prices," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "If this trend holds, gasoline will be near or below year-ago levels by Memorial Day, and rival prices seen last summer."
Gas prices are falling closer to year-ago levels. In February, gas prices were 54 cents higher than the year before, now the difference is down to 16 cents.
- The most expensive metro markets are West Palm Beach/BocaRaton ($2.46), Miami ($2.41), and Fort Lauderdale ($2.41)
- The least expensive metro markets are Orlando ($2.33), Tampa/St. Petersburg ($2.34), and Pensacola ($2.34)
Last year, the state average was $2.25 on Memorial Day, and averaged $2.19 from June 1 - August 31, 2016.
Last week: $2.388
Last month: $2.381
One year ago: $2.215
Last week: $2.419
Last month: $2.415
One year ago: $2.210
Last week: $2.257
Last month: $2.267
One year ago: $2.193
Last week: $2.152
Last month: $2.132
One year ago: $2.072