News Summary
Recently, Jacksonville has experienced a slight uptick in gas prices, with an average cost of $3.08 per gallon, reflecting a monthly increase. This change comes amid rising national fuel prices, as the average across the U.S. sits at $3.10. Diesel prices are also on the rise. Despite some increases, Jacksonville’s prices remain lower compared to last year. Variations exist between gas stations, highlighting the importance for consumers to shop around. Analysts attribute these trends to multiple factors, including demand and crude oil prices, as they keep an eye on the market as winter approaches.
Jacksonville Gas Prices Rise Slightly Amid National Trends
Jacksonville has witnessed a slight increase in gasoline prices, with the average cost rising by 1.4 cents per gallon over the past week, bringing it to an average of $3.08 per gallon. This price reflects a 20.4 cents per gallon rise compared to one month ago. However, prices are relatively lower when viewed over a longer period, being 26.9 cents lower than this time last year.
In comparison to national figures, the average price for gasoline across the United States has experienced a smaller increase, rising by 0.9 cents in the past week to average $3.10 per gallon, which is 6.5 cents lower than a month ago and 37.5 cents less than this time last year. In Jacksonville, the price variations across different gas stations reveal significant disparities—the lowest prices were reported at $2.62 per gallon, while the highest were at $3.39, resulting in a notable 77 cents price difference.
Diesel Prices on the Rise
The price trends are not just limited to gasoline; diesel prices have also seen a slight increase. The national average for diesel has risen by 1.6 cents this week, currently standing at $3.709 per gallon. In Florida, the average price for diesel is slightly higher at $3.73, reflecting a weekly increase of 24 cents.
Statewide Gas Prices and Trends
Throughout Florida, the fluctuations in gas prices have generally remained consistent since September. Prices have been contained within a 31-cent range, peaking at $3.23 before settling down. The state average gas price currently stands at $3.13, which shows an increase of 7.0% (or 21 cents) from the previous week, but a decrease of 6.8% (or 23 cents) compared to last year. The cheapest gas available in Florida was reported at $2.59 per gallon, while the most expensive was at $4.35, indicating a remarkable $1.76 gap across the state.
Understanding Gas Price Trends
Market analysts have indicated that gas prices usually follow steady patterns due to various influencing factors such as demand, crude oil prices, and seasonal fluctuations. Mark Jenkins from a leading automotive association has noted that these trends help in understanding the dynamics of fuel pricing. With over 11 million weekly price reports gathered from over 150,000 gas stations across the nation, these statistics provide insight into the evolving landscape of fuel pricing.
Historical Perspective
Historically, Florida has seen some significant fluctuations in gas prices, with the most expensive recorded price being $4.88 on June 13, 2022. Currently, Florida gas prices are approximately 5.5% lower than the national average, indicating a somewhat favorable pricing for consumers in the state at this time.
As the winter months approach, observers will continue to monitor any emerging trends in gas prices while consumers are advised to remain vigilant of the varying rates at different outlets. The ongoing pattern of small increases and the notable differences in state averages versus national figures will likely remain a focus for both consumers and analysts alike.
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Additional Resources
- WOKV: Florida Gas Prices Slightly Higher This Week
- Jacksonville.com: Weekly Gas Prices
- News4Jax: Florida Gas Prices Fall Below $3 a Gallon
- Wikipedia: Gasoline
- Encyclopedia Britannica: Gasoline
Author: STAFF HERE JACKSONVILLE WRITER
The JACKSONVILLE STAFF WRITER represents the experienced team at HEREJacksonville.com, your go-to source for actionable local news and information in Jacksonville, Duval County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Jacksonville Jazz Festival, Riverside Arts Market, and World of Nations Celebration. Our coverage extends to key organizations like the Jacksonville Chamber of Commerce and JAXUSA Partnership, plus leading businesses in logistics, healthcare, and entertainment that power the local economy such as CSX Corporation, Baptist Health, and VyStar Credit Union. As part of the broader HERE network, including HEREOrlando.com, HEREStPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
