On Monday, the state average was $3.49, the most expensive daily average since August 2024, according to AAA. The state average is $0.60 more than a week ago, $0.63 more than a month ago and $0.39 more than this time last year.
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Florida gas prices have skyrocketed in response to the conflict in Iran.
On Monday, the state average was $3.49, the most expensive daily average since August 2024, according to AAA. The state average is $0.60 more than a week ago, $0.63 more than a month ago and $0.39 more than this time last year.
The Strait of Hormuz, a narrow waterway in the Middle East, handles roughly 20% of the world’s oil. Because of the Iran conflict, traffic there has come to a complete stop over safety concerns, limiting the global supply of oil. Crude oil prices jumped 36% last week, the largest price increase in 20 years.
The jump in oil prices, combined with a $0.67-per-gallon rise in gasoline futures, pushed gas prices higher and will likely continue to influence pump prices in the days ahead.
“Oil is the biggest input cost in gasoline, so when crude and gasoline futures climb, retail prices usually follow,” said AAA spokesperson Mark Jenkins.
The U.S. isn’t suffering a gas shortage, as pumps are being supplied like normal.
“Higher pump prices reflect increased fuel costs, not disruptions to U.S. availability,” Jenkins said.
As of Monday morning, Central Florida prices had risen further. Orange County per gallon costs were at $3.56, with Seminole at $3.55, Osceola at $3.57, Lake and Volusia at $3.54, and Polk and Brevard at $3.52.
The most expensive metro markets are West Palm Beach-Boca Raton ($3.62), Naples ($3.58) and Homosassa Springs ($3.56).
The least expensive metro markets are Crestview-Fort Walton Beach ($3.09), Panama City ($3.11) and Pensacola ($3.14).
