ORLANDO, Fla. — The average price of a gallon of gas in Florida has jumped more than 20 cents in just the last week, according to AAA.
It’s the state’s highest overall price ever recorded at just under $4.40 per gallon.
READ: Man who lives in Walt Disney World community wins $1M in Mega Millions drawing
“We’re setting records in Florida, and not in a good way,” Mark Jenkins with AAA said.
Perplexed at the Pump? What makes up the price of a gallon of Gas? Our AAA gas price experts are here to help you understand. pic.twitter.com/aNRhjo1boy
— AAA (@AAAnews) January 28, 2022
Even before the most recent spike, data shows drivers across the country were worried about rising prices at the pump.
“The concern about one’s financial situation has eclipsed the fear of COVID,” Amir Eylon said.
Eylon is the CEO of Longwoods International, a market research consultancy firm that specializes in travel and tourism.
READ: US stocks fall as inflation remains stubbornly high
Its most recent travel sentiment study found that 37-percent of people believe gas prices will “greatly impact” their decision to travel in the next six months.
At the same time, only 6-percent of respondents said they would have no impact at all.
Eylon says their data shows more people still plan to take road trips rather than fly.
“Because the air fares have risen even more exponentially than the fuel prices,” Eylon said.
READ: Interest rate on new student loans set to go up in July
Eylon says one silver lining is that people still want to travel coming out of the pandemic, and very few plan to cancel their trips because of inflation or high gas prices.
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
