MIAMI (CBSMiami/NSF) – Florida gasoline costs reached one other all-time excessive Friday, climbing to a median of $4.47 a gallon for normal unleaded.
According to AAA, the typical worth jumped 7 cents a gallon from Thursday and was 28 cents greater than per week in the past. The common worth in Florida additionally topped the nationwide common of $4.43 a gallon.
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AAA spokesman Mark Jenkins pointed to a collection of things within the elevated prices.
“Right now, what’s driving prices is the expectation that demand for the summer driving season is going to be much stronger than last year,” Jenkins stated. “You couple that with lowering supplies here domestically and stronger demand internationally.”
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Oil-rich Russia’s invasion of Ukraine has affected international markets.
“The fuel market is extremely unstable right now,” Jenkins stated. “It’s very volatile heading into a very busy summer travel season. So, it’s really hard to put a pin on what to expect in a month’s time.”
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