Memorial Day Weekend Gas Costs Unveiled
Gas Prices Drop in Florida Ahead of Memorial Day Travel
As Floridians prepare for the Memorial Day weekend travel rush, gas prices have continued to drop, according to AAA. The average price per gallon in the state is currently $3.41, a 31-cent decrease from the previous month. Moreover, the price fell by 7 cents in the past week alone.
“This means Florida drivers will pay a dollar less per gallon of gasoline than they did last Memorial Day weekend,” said AAA spokesperson Mark Jenkins in a press release. He added that the average price should continue to trickle lower this week. However, even if prices were to suddenly rise, most people’s travel plans have already been set, and thus unlikely to be affected by marginally higher pump prices.
Last year, the average price per gallon was $4.48, which is almost a dollar more than the current price. This significant decrease in price has been attributed to the drop in demand for gas during the pandemic, coupled with an increase of supply in the market.
With the pandemic now in decline in certain parts of the country, nearly 2.4 million Floridians, according to AAA, are expected to travel for the holiday weekend, a new record.
When it comes to the regional pricing, West Palm Beach-Boca Raton currently has the highest price at $3.66 per gallon, followed by Naples at $3.55 and Miami at $3.52. The least expensive metro markets, on the other hand, include Panama City at $3.14, Crestview-Fort Walton Beach at $3.16, and Pensacola at $3.22.
Despite the drop in gas prices, AAA suggests ways to limit driving and save money on gasoline, such as combining errands and shopping around for gas prices in the community. The company also recommends paying cash, removing excess weight from vehicles, and driving conservatively to improve fuel economy.
Overall, fuel prices are not only beneficial for the upcoming long weekend, but they also offer economic savings for Florida residents as they navigate the post-pandemic economic recovery.
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