Florida Reaches Highest Gas Prices in 10 Years

(AP Photo/Matt Rourke)

By Mivette Vega

March 7, 2022

The conflict between Russia and Ukraine has caused a surge in oil prices. Experts expect prices to continue to rise.

Sin duda tu bolsillo está sintiendo un impacto mayor debido al aumento de la gasolina.

Y no es para menos. In the last five days, gas prices in the state increased about 44 cents per gallon, and on Sunday, Florida’s average gas price reached $3.96 per gallon, the highest since April 2012.

Nationwide the average price for gasoline is just above $4. Yesterday, California had the highest average price per gallon in the US at $5.29, while Missouri had the lowest at around $3.60.

In Florida, the highest price is in the West Palm Beach-Boca Raton area with an average of $4.06 per gallon, while Lakeland-Winter Haven has one of the lowest average costs at $3.92 per gallon.

According to AAA, prices are expected to continue to rise. Oil prices are surging because of the conflict between Russia and Ukraine. Sanctions against Russia have limited the country’s ability to sell its oil on the global market. That has affected the supply and demand issue.

Compared to last year, drivers need about $20 more to fill up their tanks.

The all-time high for average gasoline prices was set on July 17, 2008, at $4.10 per gallon.

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Mivette Vega

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CATEGORIES: COMMUNITY

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