Advertisement
  1. News
  2. /
  3. Business

Florida gas prices up because of higher crude oil prices

According to AAA, the Auto Club Group, Florida gas prices are about 30 cents more per gallon than last year.
Gas prices are uncharacteristically high for the season. Pictured is a woman pumps gas at a gas pump at a convenience store in Pittsburgh in September. [Gene J. Puskar | AP] [GENE J. PUSKAR  |  AP]
Gas prices are uncharacteristically high for the season. Pictured is a woman pumps gas at a gas pump at a convenience store in Pittsburgh in September. [Gene J. Puskar | AP] [GENE J. PUSKAR | AP]
Published Jan. 3

Gas prices are uncharacteristically high for the season. According to AAA, the Auto Club Group, Florida gas prices averaged $2.50 per gallon Friday, up 4 cents over the week, while Tampa Bay prices averaged $2.46 per gallon, up 4 cents over the week. That’s about 30 cents more per gallon statewide than last year, AAA said.

The increases come courtesy of hikes in crude oil prices, which spiked following an unexpectedly large drop in U.S. crude oil supplies.

“The fuel market also remains bullish over optimism of a possible U.S.-China trade agreement," said Mark Jenkins, AAA spokesman. “These factors have gas prices going opposite of their usual downturn this time of year.”

Nationally, gas was $2.59 per gallon Friday.

YOU MIGHT ALSO LIKE

  1. Hyde House in Hyde Park Village on Tuesday, Feb. 25, 2020 in Tampa.  [MARTHA ASENCIO-RHINE  |  Times]
  2. FILE - In this Dec. 16, 2019, file photo, Disney CEO Robert Iger arrives at the world premiere of "Star Wars: The Rise of Skywalker", in Los Angeles  The Walt Disney Co. has named Bob Chapek CEO, replacing Bob Iger, effective immediately, the company announced Tuesday, Feb. 25, 2020.  (Jordan Strauss/Invision/AP, FIle) [JORDAN STRAUSS  |  Jordan Strauss/Invision/AP]
  3. In this June 17, 2019, file photo, a cashier displays a packet of tobacco-flavored Juul pods at a store in San Francisco. Investigators from 39 states will look into the marketing and sales of vaping products by Juul Labs, including whether the company targeted youths and made misleading claims about nicotine content in its devices, officials announced Tuesday. Juul released a statement saying it has halted television, print and digital advertising and eliminated most flavors in response to concerns by government officials and others.  (AP Photo/Samantha Maldonado, File) [SAMANTHA MALDONADO  |  AP]
  4. St. Petersburg-based Jabil said Tuesday it's projecting that the spread of the coronavirus will hurt its second-quarter performance. [Handout photo]
  5. The future site of Green Light Cinema at 221 Second Ave on Monday, Feb. 24, 2020 in St. Petersburg. The art house theater will be nestled between Pour Taproom and 2nd & Second. [MARTHA ASENCIO-RHINE  |  Times]
  6. Keesha Benson is director of Thrive By Five Pinellas for the Early Learning Coalition of Pinellas. (Early Learning Coalition of Pinellas photo) [Early Learning Coalition of Pinellas County]
  7. The H. Lee Moffitt Cancer Center & Research Institute purchased 775 acres in central Pasco County for a planned expansion. TIMES [VYCELLIX, A SWEDISH CANCER THERAPY RESEARCH COMPANY, IS SETTING UP ITS U.S. HEADQUARTERS NEAR THE H. LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE IN TAMPA. (TIMES FILES]
  8. Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew) [RICHARD DREW  |  AP]
  9. [Getty Images] [Getty Images]
  10. Tampa Bay Lightning owner Jeff Vinik  [Times staff]
  11. The empty property is home to cattle and egrets, but neighbors fear the new occupants — owners of 218 proposed town homes near Lake Thomas in Land O' Lakes. [C.T. BOWEN  |  Tampa Bay Times]
  12. A "for sale" sign beckons Friday along Sixth Avenue N in the Kenwood area of St. Petersburg. [CHRIS URSO  |  Times]
Advertisement
Advertisement
Advertisement