Florida Gas Prices Surge Ahead of Independence Day; Biden to Release Reserves in Response
July 9, 2024Gas 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
Get a daily email with more US News stories
Sources
Yahoo News • Jul 8, 2024
Florida gas prices jump 18 cents leading to July 4th holidayCBS Miami • Jul 8, 2024
Florida gas prices jumped nearly 20 cents last week. Here's what to expect at the pump.Miami Herald • Jul 8, 2024
Miami gas prices just surged by double digits. Where to find the cheapest in FloridaWPTV News Channel 5 West Palm • Jul 8, 2024
Florida drivers see surge in gas prices this month as Hurricane Beryl slams Texas coast