Florida Gas Prices Surge Ahead of Independence Day; Biden to Release Reserves in Response

July 10, 2024
Florida Gas Prices Surge Ahead of Independence Day; Biden to Release Reserves in Response
  • Gas prices in Florida, especially in Miami-Dade and Broward counties, have surged by 18 cents per gallon ahead of Independence Day.

  • Current gas prices stand at $3.47 in Miami-Dade and $3.55 in Broward counties.

  • Palm Beach County has the highest gas prices in Florida, at $3.67 per gallon.

  • Gas prices in the Midwest have risen for the second consecutive week to an average of $3.42 per gallon, which is 1.8% lower than the national average of $3.48.

  • Nationally, gas prices are at $3.51 per gallon, with New York State at $3.62 and Chautauqua County at $3.60.

  • AAA forecasts high demand for gasoline with 60.6 million people expected to take holiday road trips.

  • The Biden administration plans to release gas from reserves to help lower prices, anticipating stabilization soon.

  • Oil prices remain steady between $82 to $86 per barrel.

  • Despite temporary disruptions, Florida drivers might see further price hikes in the coming weeks.

  • Stay updated on local gas prices by visiting GasPrices.AAA.com.

Summary based on 10 sources


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