Florida Gas Prices Drop to Two-Month Low Amid Global Energy Risks

Florida’s average gasoline price has dropped to $2.94 per gallon, marking its lowest point in two months after a 10-day consecutive decline totaling 19 cents per gallon. This price is 58 cents lower than the same time last year, offering some relief to Florida motorists. However, AAA spokesman Mark Jenkins warned that this dip may be temporary, as gas prices tend to fall for about 10 days before rising sharply, sometimes by up to 20 cents. Recent increases in crude oil and gasoline futures, influenced by geopolitical factors such as potential new sanctions on Russian energy exports by President Trump, renewed Houthi attacks in the Red Sea, and postponed U.S. tariffs, are expected to push prices back up. These global energy market uncertainties could disrupt supply lines and raise fuel costs in the near future. Florida drivers are advised to remain cautious about the temporary nature of current low prices.