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Florida Gas Prices Surge 21 Cents to 4-Month High as Crude Oil Costs Climb
AAA said Florida drivers are paying about 15 cents more than a week ago as crude oil climbs above $100 a barrel.
Florida gas prices fell slightly to $4.28 on Monday after hitting a four-month high of $4.33 over the weekend, according to the American Automobile Association.
AAA spokesman Mark Jenkins said rising oil prices contributed to the jump at the pump as ongoing tensions in the Middle East created uncertainty about global oil supplies.
It now costs an average of about $65 for Florida drivers to fill a 15-gallon gas tank, representing a $6 increase from a month ago and nearly $20 more than a year ago.
West Palm Beach and Boca Raton remain the most expensive markets at $4.43 a gallon, while Panama City offers the lowest at $4.03; Florida's average stays below the national $4.47.
Oil prices climbed 27 percent over the past three weeks, with crude settling at $105.83 per barrel Tuesday. Relief timing remains unclear as prices stay tied to Middle East tensions.