Area Gas Prices

For the first time in three years, Florida gas prices are averaging more than $2.90 per gallon, according to an AAA report.

Drivers are paying an average $2.91 per gallon, the highest daily average price since May 2018, AAA said. Florida gas prices have increased by more than 70 cents since Jan. 1, 2021. In March alone, the state average increased 30 cents. 

The upward trend was largely driven by tightening global crude supplies and market optimism that widespread vaccinations will boost fuel demand, AAA said.

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"The good news for motorists is that gas prices could soon begin to slip lower," said AAA spokesman Mark Jenkins.

 

Contact Chronicle reporter Michael D. Bates at 352-563-3205 or mbates@chronicleonline.com. To see more of his stories, visit  tinyurl.com/y6kb23vv.