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Average price for a gallon of gas hits $4 in Florida, expected to rise even higher

Several stations in Ocala had gas prices well above $4 a gallon on Monday. Photo: Joe Byrnes, WMFE News
Several stations in Ocala had gas prices well above $4 a gallon on Monday. Photo: Joe Byrnes, WMFE News

The average price of gas in Florida hit $4 a gallon Monday and is expected to go even higher.

Florida’s average price per gallon rose 48 cents in a week to reach the $4 mark. The record is $4.08, set in July 2008.

Analysts with the AAA auto club blame surging crude oil prices tied to Russia’s invasion of Ukraine.

A recent survey by AAA found that 17% of Floridians will change their driving habits when gas is over $4.

That’s the case for Pedro Taveras, who was eating lunch at a Wawa in Ocala where gas was $4.19 a gallon. He says he’ll cut back on trips to the store.

“It’s affecting me right now,” he said, “because I was going to go to the beach and now I’m just going to stay home.”

Economist Hank Fishkind says gas prices will get even higher.

“I think they’re going to reach $5 before they start leveling off,” Fishkind said. “We should see that in the next couple of weeks, I’m afraid.”

He predicts they’ll stay there for a month or so before an increasing supply helps to bring them down.

Copyright 2022 WMFE. To see more, visit WMFE.

Joe Byrnes