Florida gas prices up nearly 18 cents over past year

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TAMPA, Fla. (WFLA) – The price of a gallon of gas in Florida has increased nearly 2.5 cents in the past week and nearly 18 cents over last year.

According to GasBuddy, Florida drivers are now paying an average of $2.21 per gallon of regular unleaded gasoline. The weekly increase of roughly 2.5 cents ties our state with the national average at the gas pumps.

According to GasBuddy historical data, gasoline prices on December 12 in Florida have ranged widely over the last five years:

  • 2015   $2.03/g
  • 2014   $2.63/g
  • 2013   $3.39/g
  • 2012   $3.30/g
  • 2011   $3.29/g

“Retail gasoline prices across the country appear to have hit a plateau and that’s not surprising given the mix of potentially upward and downward forces working simultaneously on crude oil prices,” said Gregg Laskoski, senior petroleum analyst for GasBuddy.

“On one hand we have the news that OPEC issued over the weekend; that a group of non-OPEC oil producers led by Russia have agreed to collectively cut 2017 production by 600,000 barrels…” said Laskoski.

“But on the other hand the promises for next year do little to change the robust global supply we have today. OPEC’s November output rose 370,000 bpd to 34.19 million bpd, a record high. Reuters reported that Russian oil production for November also set a new record. Nobody’s saying anyone will cheat on the agreement but old habits are hard to break,” he noted.

LIVE Fuel Prices – Click Here To Find The Cheapest Gas Near You

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