ORLANDO, Fla. — We now know a gloomy forecast of rising gas prices one week ago was on point.
>>> STREAM CHANNEL 9 EYEWITNESS NEWS LIVE <<<
Unfortunately, Florida gas prices rose another 6 cents last week, setting a new 2022 high of $3.51 per gallon, AAA said.
READ: Rents reach ‘insane’ levels across Florida and US with no end in sight
Keeping track of the numbers can get tedious, but the auto giant helped put things in perspective.
The 2022 high of $3.51 per gallon is:
- 15 cents more than 2021’s highest daily average price per gallon
- The highest daily average price for gas since July 2014
On Sunday, while the state average dipped a penny to $3.50 per gallon, it was still 90 cents more than this time last year, AAA noted.
READ: Florida man dies after being run over by street sweeper he drove
So how much will you pay to fill up your gas tank these days in Florida?
On average, it’ll cost you $52.50, according to AAA.
On a slightly different note, the energy market actually saw its first week of losses last week, ending 8 straight weeks of oil price gains.
After reaching a new 2022 high of $95.46 per barrel on Monday, the price for U.S. crude declined 5% by the end of the week, AAA reported.
But all eyes remain on tensions in eastern Europe.
“It’s hard to get too excited about the recent oil price drop, because prices could easily rebound if Russia invades Ukraine,” AAA’s Mark Jenkins said.
READ: Family says wedding guest shot and killed by Winter Park police was bride’s uncle
He added, “If an invasion occurs and oil prices spike, that will most certainly drag gas prices higher too. To what degree, it’s still unclear.”
Click here to download the free WFTV news and weather apps, click here to download the WFTV Now app for your smart TV and click here to stream Channel 9 Eyewitness News live.
©2022 Cox Media Group
