© 2022 WFSU Public Media
WFSU News · Tallahassee · Panama City · Thomasville
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Gas prices drop as Florida's month-long gas tax holiday begins

A gas sign with a humorous slant - it has the old saying "cost an arm and a leg" on the sign.
Heather Craig
/
stock.adobe.com
Florida is seeing its lowest daily average gas prices since January.

Florida drivers are seeing lower prices at the pump as a state gas tax holiday began Saturday.

The Florida Motor Fuel Tax Relief Act of 2022 went into effect on Oct. 1.

This suspends the state's $25.3 tax on each gallon of gasoline through the rest of October.

'So far, the state average price for gasoline declined 13 cents per gallon, since the gas tax holiday began. Before October, the state average declined a total of $1.50 per gallon since prices reached their peak of $4.89 per gallon in mid-June

On Sunday, the state average was $3.26 per gallon. That's the lowest daily average price since January.

"This gas tax builds on the previous downward pressure on pump prices, stemming from global recession concerns and underwhelming fuel demand," said Mark Jenkins spokesman, AAA - The Auto Club Group.

"Prices are now beginning to dip below $3 a gallon at various gas stations in the state. While everyone might not be so lucky to see sub-$3 gasoline, all Floridians should expect a sizeable discount this week."

The most expensive gas can be found in West Palm Beach-Boca Raton ($3.47), and the least expensive us in Crestview-Fort Walton Beach ($3.06).

Copyright 2022 WUSF Public Media - WUSF 89.7. To see more, visit WUSF Public Media - WUSF 89.7.

Daylina Miller, multimedia reporter for Health News Florida, was hired to help further expand health coverage statewide.