Transportation

AAA: Gas Prices Stabilize After Hitting 2021 High

Florida's average gas price is now $3.31 per gallon.

By Staff October 25, 2021

Florida's average gas price is now $3.31 per gallon.

Florida's average gas price is now $3.31 per gallon.

Florida gas prices stabilized over the weekend after rising another 13 cents last week. According to AAA, the state average is now $3.31 per gallon, a new 2021 high and the most expensive daily average price since 2014.

Florida pump prices have climbed a total of 26 cents this month, increasing by a total of $1.12 per gallon since Jan. 1. The price of U.S. (WTI) crude oil has climbed 76 percent this year; going from $47 per barrel in January to nearly $84 per barrel last week. However, gasoline futures finished the week 1 cent lower than the week before, a positive indicator that retail pump prices could stabilize this week.

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