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Driver Outlook: Florida gas prices again down 3 cents

Staff Report

HOLMES AND WASHINGTON COUNTIES- In many areas, Florida gas prices made another dip, declining 3 cents last week. Pump prices are trending lower even as Hurricane Delta made landfall along the Gulf Coast refinery region. 

However in Washington and Holmes Counties, prices remained untouched averaging between $2.09 and $2.19 per gallon as drivers prepare for the fall and winter seasonal travels.  

Mark Jenkins, spokesman, AAA - The Auto Club Group, said it was still too early to see what impacts, if any,  Hurricane Delta will have on gas prices in Florida," 

A hand placing a credit card into a gas pump card reader.

"For now, wholesale gasoline prices are at a level that could allow pump prices to drop another 5 cents in the short term," Jenkins said. "However, prices in the coming weeks will likely be swayed by news coming out of the Gulf Coast, as crews assess any storm damage to refineries and pipelines."

Preliminary reports suggest the storm had more of a limiting effect on regional demand than supply. Most of the refineries in the storm's path were already shut down from Hurricane Laura - which blew through the region more than a month ago. However, the storm knocked out power to Colonial Pipeline, which carries fuel from the Gulf Coast oil refineries to markets across the southeastern United States, ending in North Carolina. Line one, which carries gasoline was restored on Saturday. However, Line 2 - which carries Diesel fuel remained shut down as of press time. 

More:Gas prices begin to decline as COVID numbers rise

Most Florida drivers are currently paying an average price of $2.16 per gallon at the pump.  This leaves Washington County below the average at some pumps while most pumps in Holmes County remain at a steady $2.17 per gallon. The state average declined 3 cents after reaching as high as $2.19 per gallon eight days ago. Florida gas prices are 27 cents per gallon less than this time last year.  

More:Bay County gas prices increase but are still summertime low

So far this year, Florida's highest average price was $2.56 per gallon in January. From there, the pandemic led to state lockdowns, less driving, and lower gasoline demand. The state average dipped down to $1.76 per gallon in May - the lowest average price so far this year. 

Regional Prices

Most expensive markets – West Palm Beach - Boca Raton ($2.28), Ocala ($2.20), Naples ($2.19)

Least expensive markets – Tallahassee ($2.09), Punta Gorda ($2.10), Crestview - Fort Walton Beach ($2.12)