Do you ever look at your empty gas tank and think, “why is gas so high in Florida?”
You aren’t alone.
Florida residents are used to paying high gas prices, but in the last few months, Floridians have seen prices at the pump soar to unprecedented levels.
So what’s causing these high prices, and what you can do about them? In this post, we’ll review why gas in Florida is so high and a few simple tips on how you can save money at the pump.
WHY ARE GAS PRICES SO HIGH IN FLORIDA?
Everyone is feeling the financial pinch at the pump. According to AAA, the average price for a gallon of gasoline in Florida is now $4.15 and the national average of $4.17.
There are several factors contributing to Florida’s high gas prices:
- One major contributor is the state’s surcharge on fuel taxes, which is currently among the highest in the nation.
- Second, the conflict between Russia and Ukraine has resulted in sanctions and regulations against Russia, restricting its ability to sell oil on the global market. This has led to supply concerns in an already suffering market because of the ongoing pandemic.
- Last, gas prices are often higher in the summer due to increased demand from vacationers. This year, however, the rise in gas prices has been noticeable in Florida, since many residents are still hesitant to travel because of the pandemic.
WILL WE SEE A BREAK IN FLORIDA GAS PRICES SOON?
The question of when - or if - gas prices will go down is on the minds of many Florida drivers. With gas prices consistently hovering above $4 per gallon, many people and businesses are feeling the pinch at the pump.
However, it’s important to remember that the fuel market is highly volatile, and prices can transform. In fact, according to AAA, gas prices are expected to continue fluctuating throughout the end of the summer.
The increase in gas prices will most likely lead to higher prices for goods delivered by trucks, which includes gasoline. In addition, the increased cost of diesel fuel will make it more expensive to operate vehicles that rely on this fuel type, such as buses and delivery trucks. As a result, Floridians can expect to see higher prices for many items in the coming weeks.
So, while there’s no relief in sight, drivers should be prepared for gas prices to keep changing in the months ahead. It’s always a good idea to monitor the latest news about gas prices so you can plan your driving - and your budget - accordingly.
5 TIPS ON HOW TO SAVE MONEY ON GAS IN FLORIDA
Did you know Florida ranked as one of the top 10 states with high gas prices?
While there is no one silver bullet that will solve all of Florida’s high gas price woes, there are steps that can be taken to ease the burden on consumers.
Here are 5 tips on how to save money on gas in Florida:
1. Opt for Cash
Paying for gas with cash may help you save money on your purchase. Some gas stations offer a discount for customers who pay with cash, and the savings can add up.
In addition, many gas stations charge a surcharge for customers who pay with a credit card. By paying with cash, you can avoid this additional fee. When selecting a gas station, compare each station’s prices (including special cash payment rates) to find the best deal. Paying attention to these details can help you save money on gasoline.
2. Drive Less and Carpool More
Try to merge your errands into one trip. This way, you won’t have to waste gas driving back and forth across town. If you have co-workers or neighbors who live close by, you can even see if they would be interested in sharing a ride.
Not only will this save money on gas, but it will also help to reduce traffic congestion and pollution. Carpooling is a great way to save money and help the environment, so consider trying it next time you need to make a trip.
3. Join A Wholesale Club
High gas prices are a problem for many people. One way to combat high gas prices is to sign up for a wholesale club such as Costco or Sam’s Club.
The downside is they require a membership purchase. However, the membership fee is typically worth it because the savings on gas will offset the cost of the membership fee.
In addition, wholesale clubs usually have other perks, such as discounts on groceries and household items. For example, Costco offers its members discounts on travel, insurance, and other services. So, if you’re looking for a way to save money on gas, signing up for a wholesale club is another good option.
4. Use An App
Anyone who has driven for any length of time knows that gas prices can vary widely from one station to the next and even within the same city. But, when gas prices are on the rise, it can be a severe strain on your budget.
However, a simple way to ease the pain at the pump is to download a gas pricing app. Using an app like AAA and GasBuddy, you can quickly and easily find the cheapest gas prices in your area. Open the app and enter your current location. The app will then show you a list of nearby stations, along with their current gas prices. Sometimes, you may even find discounts or coupons for certain stations.
5. Gas Reward Programs
Many large retailers, such as Shell or Circle K, offer gas rewards programs that allow you to save money at the pump. Next time you stop to get cash, go inside and apply for your local gas station’s reward program if they have one.
Although prices are high and show no signs of dropping soon, that doesn’t mean you have to break the bank every time you fill up your tank. So, whether you’re looking to save a few bucks on your monthly gas budget or just want to be prepared for the next time prices spike, we hope these tips have been helpful.
And if you need help finding the best car insurance coverage for the best price, start by speaking to a SimplyIOA agent at 833.872.4467 or get an auto insurance quote online now.
