Advertisement

Our coronavirus coverage is free for the first 24 hours. Find the latest information at tampabay.com/coronavirus. Please consider subscribing or donating.

  1. Business

Florida pump prices jump 10 cents, highest in four years

Gas is off to an expensive start this year — the most expensive start since 2014. Florida pump prices jumped 10 cents in the past week to hit $2.54 per gallon Monday, 18 cents more than last month, according to AAA The Auto Club Group. Tampa Bay gas was $2.51 per gallon, up 12 cents over the week.

"It has been anything but a normal January for prices at the pump," Mark Jenkins, AAA spokesperson, said in a release. "Normally, demand slips and supplies build. However, (the) story so far this year has been a rally in oil prices."

January prices haven't topped $2.40 since 2014 when fuel was $3.38 per gallon. Nationally, gas was $2.54 per gallon Monday.

Don't expect relief just yet, either. With refinery maintenance season coming up in just a few months, gas prices are likely to go up more. Prices could level out, however, if domestic oil production kicks into high gear soon, AAA said.

Contact Malena Carollo at mcarollo@tampabay.com or (727) 892-2249. Follow @malenacarollo.

YOU MIGHT ALSO LIKE

Advertisement
Advertisement