Monday, November 12, 2018
Business News

Florida gas prices are nearly 30 cents higher than this time last year

Do gas prices feel annoyingly high? Thatís because state prices are nearly 30 cents more than they were this time last year. Gas in Florida averaged $2.82 per gallon Monday, holding steady from last week, according to AAA, The Auto Club Group. Tampa Bay prices were $2.77 per gallon Monday, down three cents over the week. Nationally, gas stood at $2.91 per gallon.

The spike comes courtesy of the highest crude oil prices since 2014. Barrels of crude oil were $76.41 each as of Oct. 3, the highest since November, AAA said.

Hurricane Michael is not expected to impact gas prices where supply is concerned, as the stormís path as of Monday afternoon did not directly threaten any Gulf Coast refineries and oil drilling rigs, AAA spokesperson Mark Jenkins said.

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Contact Malena Carollo at [email protected] or (727) 892-2249. Follow @malenacarollo.

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