Memorial Day gas prices hit record low

Gas prices are lower than they have been in 17 years.
Gas prices are lower than they have been in 17 years.(WJHG)
Published: May. 26, 2020 at 5:52 AM CDT
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Memorial Day gas prices in Florida were the lowest in 17 years.

According to AAA, Florida drivers paid an average price of $1.88 per gallon on Memorial Day. This was $0.77 less than last year's holiday.

Officials say prices at the pump have been declining since February due to COVID-19 's limiting effect on gas demand, but with more Floridians on the road, pump prices are beginning to increase.

"Gas prices are back on the rise now that Floridians are driving more, but it's unclear how high they'll go," said Mark Jenkins, spokesman, AAA - The Auto Club Group. "While additional price increases are possible in the coming weeks, drivers are currently in line for the cheapest summer at the pump in 15 years."

Regionally, AAA officials say the least expensive markets across Florida are Pensacola ($1.80), Crestview-Fort Walton Beach ($1.83), Panama City ($1.84). The most expensive markets are West Palm Beach-Boca Raton ($2.00), Gainesville ($1.95), Fort Lauderdale ($1.91).

Copyright 2020 WJHG. All rights reserved.

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