By Scott Powers
FloridaPolitics.com
November 1, 2021
There’s no relief from Florida gas prices as Halloween passes and a new month opens. Pump prices held steady at the year’s high-point of $3.31 heading into Monday.
AAA — The Auto Club Group reported Monday morning the same global market pressures that drove prices up everywhere remain in effect. That means Florida drivers still are seeing frightening numbers at the pump. If there’s any good news to be found, it’s that the cost of gasoline didn’t go up any more in the past week.
“Although oil prices remain elevated, they seem to have leveled off, which helped prevent any additional spikes at the pump last week,” AAA spokesman Mark Jenkins said in a news release. “Drivers could see another week of stagnant gas prices, unless there are any big shifts in what has become an extremely tight crude oil market.”
The Florida-wide average was $3.31 on Sunday, the same as last week, 25 cents per gallon more than a month ago, $1.26 more than a year ago, and the highest price seen since 2014, AAA reported. The record high, according to AAA, was $4.08, seen in July, 2008.
Nationally, the average price of a gallon of gas was $3.40 on Sunday.
The price of crude increased a total of 12% in October, rising from $75.88 per barrel to a high of $84.65 early last week. The increased cost of crude raises the cost of producing gasoline.
On Friday, the price for U.S. crude settled at $83.57 per barrel. That was 19 cents less than the week before, and the first weekly loss in 10 weeks.
Drivers in Punta Gorda saw the state’s lowest average cost, $3.24 per gallon. That was followed by Sebring at $3.25; The Villages, Jacksonville, and Melbourne-Titusville, $3.27; Tampa, Orlando, and Pensacola, $3.28; and St. Petersburg, Sarasota, and Daytona Beach, $3.29.
Florida’s highest average pump price was found in West Palm Beach-Boca Raton, at $3.46 per gallon; followed by Fort Lauderdale and Panama City, $3,35; and Miami, Fort Myers, and Sebastian-Vero Breach, $3.33.
Funny…. I recall paying about $1.03 for gas at it’s lowest level just 2 years ago. I saw it was even available in Jax for 99 cents.
I wonder whatever happened.
Mr. Carter, too bad the facts don’t gibe with your memory. From the US Energy Administration. Average gasoline price in October 2021 was $3.38. Two years ago (October, 2019) it was $2.72 (nowhere near a $1.03). The lowest average price in October was in 2016 ($2.36). The last time it was close to $1.03 was October 2001 when the average price was $1.31. Damn facts! They always seem to get in the way.
Now if you’d like gas to be closer to your memory, there is always 2020 when the average price was $1.94 in March and $1.96 in April. Oh, but there was a global pandemic and the demand for gasoline was miniscule, a high price to pay for cheaper gasoline.