More Resources

Home > Local Business News > South Florida > Gas prices up 25 cents since May 1

Gas prices up 25 cents since May 1

Provided by


The price of crude oil may have fallen 4 percent last week, but the drop is not being reflected at the pump. In fact, since May 1, gas prices in Florida have climbed by a quarter, according to AAA Auto Club South.

???The perception that economic recovery is pending is also helping to keep both oil and gasoline prices moving higher for the short term,??? said Gregg Laskoski, managing director of public relations for AAA Auto Club South.

The price of a gallon of regular gasoline in Florida is up to $2.33, slightly higher than the national average of $2.30. Just last month, it was $2.10 a gallon in Florida. But, a year ago at this time, gas was selling for $3.81 a gallon.

Content Continues Below


In South Florida, Palm Beach had the highest prices at the pump, with a gallon of regular going for nearly $2.41, up from $2.29 a week ago.

Miami-Dade County came in second, at $2.39, up from $2.28 a week ago.

Gas is cheapest in Fort Lauderdale, where the average price is $2.35, up from $2.24 last week.

And, prices may rise again as the summer travel season heats up. Also, later this month, OPEC is to meet and its members could announce another reduction, which would result in a tightened supply.


© 2009 American City Business Journals, Inc. All rights reserved.

More News from
The South Florida Business Journal
Corus Bank ordered to submit capital plan
Tuesday, May 19, 2009

Gas prices up 25 cents since May 1
Monday, May 18, 2009

Money woes mount for BankUnited
Friday, May 15, 2009



Select a News Source by City:
Albuquerque Louisville Sacramento
Columbus Pittsburgh Houston
Orlando Milwaukee Philadelphia
Portland Buffalo Dayton
Mass High Tech Minneapolis / St. Paul Austin
St. Louis Charlotte Jacksonville
San Jose Honolulu Boston
Seattle Denver Nashville
East Bay Baltimore Greensboro/Winston-Salem
Wichita Washington, D.C. Memphis
Phoenix Birmingham South Florida
Los Angeles Atlanta Raleigh/Durham
San Francisco Albany San Antonio
Cincinnati Kansas City Tampa Bay
Dallas
Marketplace

Learn how to distribute a press release

Try our new online printing. theupsstore.com/print

Latest Features
Meet the innovators who faced repeated rejection and triumphed despite the cynics.
Take our ONLINE QUIZ to find out now!
Is the man who treats life--and business--as an extreme sport more like you than you think?
It starts with strategic thinking and thoughtful growth. Here's an inside look at how two successful businesses went from zero to $1 billion.