Florida gas prices dip a week after reaching record high

FORT LAUDERDALE, Fla. – Florida fuel costs have dipped slightly decrease, every week after setting a brand new report excessive, AAA reported Monday.

On Sunday, the typical value for gasoline in Florida was $4.48 per gallon, down 3 cents from the report excessive of $4.51 per gallon final week.

The change comes as almost 2 million Floridians are anticipated to take a highway journey for Memorial Day weekend.

“Despite the fact that pump costs have moved barely decrease, fuel costs on Memorial Day are nonetheless forecast to be the vacation’s most costly but,” mentioned Mark Jenkins, spokesman, AAA – The Auto Membership Group. “A mix of tightening world provides and strengthening demand are the principle culprits behind this unprecedented ache on the pump. Sadly, there doesn’t seem like a fast finish in sight. Fuel costs are prone to proceed fluctuating all through the summer season and stay effectively above year-ago ranges.”

Based on AAA, earlier than this yr, the very best Memorial Day common fuel value was set in 2008 at $3.93 per gallon.

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Final yr’s Memorial Day fuel value common was $2.86 per gallon.

Regardless of excessive fuel costs, AAA nonetheless expects 100,000 extra Floridians to take a highway journey this Memorial Day in comparison with final yr – a 5.4% enhance.

The most costly metro markets for fuel costs in Florida are at the moment West Palm Seashore – Boca Raton ($4.64), Fort Lauderdale ($4.55) and Miami ($4.54).