Support local journalism. Join the Orlando Weekly Press Club.

Monday, December 6, 2021

Florida gas prices could fall due to Omicron variant concerns

Posted By on Mon, Dec 6, 2021 at 5:16 PM

click to enlarge ADOBE
  • Adobe

Average gasoline prices in Florida dropped four cents during the past week and are expected to continue to fall because of concerns about how the omicron variant of the coronavirus could affect global fuel demand, according to the AAA auto club.

The average price Sunday for a gallon of regular unleaded gas in the state was $3.30, down from $3.34 a week earlier. Prices are expected to decrease because of lower crude-oil costs, which are down more than 20 percent from the 2021 high about a month ago.

Even as Florida remains relatively open for business and travel amid the COVID-19 pandemic, AAA spokesman Mark Jenkins said that is not the case in other areas of the country and globally.

“We might not have any lockdowns in the United States, but there are other countries that could have lockdowns,” Jenkins said. “So, it’s just that potential impact on transportation and fuel demand that has the crude oil market concerned.”

Even with the recent decreases, average gas prices are $1.14 a gallon higher than they were a year ago. The most expensive gas in Florida is in West Palm Beach, while the cheapest fuel can be found in Fort Walton Beach.

“Crude oil prices have plummeted,” Jenkins said. “They are down as much as 15 percent. What that means is that it is less expensive to produce gasoline. We could be looking at a gas price drop of anywhere from 20 to potentially 30 cents. That could play out over the course of a couple of weeks.”

Stay on top of Central Florida news and views with our weekly newsletters, and consider supporting this free publication. Our small but mighty team is working tirelessly to bring you Central Florida news, and every little bit helps.

Tags: , , , , , ,

We welcome readers to submit letters regarding articles and content in Orlando Weekly. Letters should be a minimum of 150 words, refer to content that has appeared on Orlando Weekly, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at [email protected].

Support Local Journalism.
Join the Orlando Weekly Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Orlando Weekly Press Club for as little as $5 a month.


Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Read the Digital Print Issue

January 19, 2022

View more issues


© 2022 Orlando Weekly

Website powered by Foundation