Florida gasoline prices hit $4.76 record

TALLAHASSEE – The common worth of a gallon of normal unleaded gasoline in Florida hit a record-high $4.76 on Sunday, and AAA says it would seemingly proceed to rise.

“Unfortunately, the pain at the pump is likely to get even worse this week,” AAA spokesman Mark Jenkins mentioned in a ready assertion Monday. “Gasoline made very strong gains in the futures market last week. When that happens, we normally see retail prices rise. It can take days or a week for pump prices to reflect the change, but it wouldn’t be a surprise to see retailers raise their prices another 20 cents by Monday night. At this rate, it sure seems like there’s very little resistance to rising prices at the pump, and $5 a gallon is quickly becoming a very real possibility this summer.”

AAA pointed to a mix of things for the surge in prices, together with the European Union largely transferring to ban Russian oil imports amid the Ukraine battle.

Sunday’s worth of normal unleaded in Florida was up 18 cents a gallon from per week earlier and 58 cents from a month earlier, in keeping with AAA.

The state’s most-expensive fuel was within the West Palm Beach at $4.90.

Broward County’s fuel is clocking in at $4.80 a gallon, whereas Miami-Dade is true behind at $4.79.

The least-expensive fuel was within the Pensacola, Fort Walton Beach and Panama City areas.

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