According to AAA-The Auto Club Group, the Florida average price for gasoline reached a new record high of $4.49 per gallon on Sunday.
The latest price beats the previous record of $4.38 per gallon set back in March soon after Russia invaded Ukraine. Before this year, the record high was $4.08 per gallon, which was set back in 2008.
Florida’s average price jumped about 30 cents in the past week. The state average is now $1.60 per gallon more than a year ago. It now costs $67 for a full 15-gallon tank of gas. That’s $24 more than what drivers paid this time last year.
Based on the gasolinemiserindex.com website, Florida consumers are paying $889 more annually on gasoline when compared to spending last year. The is approximately 21% higher than the $735 the average American family is spending this year.
“Drivers are dealing with unprecedented pain at the pump and things could soon get worse before they get better,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “We saw more big gains in the gasoline futures market late last week, which could trickle down to yet another 10-20 cent jump at the pump in the near future.”Read More