Gas prices drop in Florida. How low will they go?

Average price per gallon in Florida stands at $4.82

ORLANDO, Fla. – Gas prices dipped last week in Florida and -- for now -- $5 per gallon of gas is not likely in the state, according to AAA.

Florida gas prices averaged $4.82 per gallon on Sunday, decreasing 7 cents a gallon last week after reaching an all-time high of $4.89 per gallon. In addition, the national average price for regular unleaded is back below $5 a gallon.

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The price drop came after the U.S. price of oil dipped 9% last week.

“Florida drivers are finally catching a break after several weeks of rising gas prices,” said AAA spokesman Mark Jenkins. “If this downward trend holds, gas price drops could accelerate, moving the state average back around $4.50 per gallon.”

Jenkins cautioned, however, that the fuel market remains extremely unstable and things can change very quickly.

“It’s looking less likely that the state average will surpass $5 a gallon, but the driving season is young,” he said.

Regional prices in Florida

  • Most expensive metro markets: West Palm Beach-Boca Raton ($4.97); Fort Lauderdale ($4.88); Gainesville ($4.88)
  • Least expensive metro markets: Crestview-Fort Walton Beach ($4.63); Pensacola ($4.65); Panama City ($4.69)
As the national average price per gallon nears $5, Central Florida gas prices have jumped in the last 24 hours.

Ways to save on gasoline

  • Combine errands to limit driving time.
  • Shop around for the best gas prices in your community.
  • Consider paying cash. Some retailers charge extra per gallon for customers who pay with a credit card.
  • Remove excess weight in your vehicle.
  • Drive conservatively. Aggressive acceleration and speeding reduces fuel economy.

About the Author:

Daniel started with WKMG-TV in 2000 and became the digital content manager in 2009. When he's not working on, Daniel likes to head to the beach or find a sporting event nearby.