The price of petrol has increased by sixteen cents in the past week, and drivers in Florida are feeling the squeeze at the pump. Some drivers are concerned that the situation could get much more dire as a result of the United States military’s attacks on Iranian nuclear installations. In the case of proprietors of small businesses such as Johnny Farias, the charges are already onerous.
$1,450 per week is the amount. Farias said that this was a really successful week.
According to Farias, who is the proprietor of an electrical contracting firm, his fleet of four company vehicles, in addition to the automobiles that belong to his family, require frequent refuelling. He claims that he fills up the tank at the 7-Eleven that is located close to his house every other day.
This vehicle is a gas guzzler. He stated that he was unable to purchase super unleaded.
Market fear is fueled by tensions with Iran.
Global oil markets are experiencing increased pressure as a result of the turmoil in the Middle East. According to Mark Jenkins of AAA, the strikes on Iranian nuclear facilities have already contributed to the increase in prices, and the next step will rely on Iran’s response to the situation.
If something like that were to occur, it would be a significant one on a worldwide scale. Jenkins made this statement in reference to the possibility of the Strait of Hormuz being closed. “Because that is a shipping channel that affects approximately twenty percent of the global oil market,” Jenkins stated.
If Iran follows through on its threats to close the key canal, it is estimated that the price of petrol might increase by between 5 and 10 percent.
“I have 485 miles left to deplete.” Although it may appear to be a lot, it is actually quite quick. “That’s exactly two days of nothing but driving,” Farias declared.
A decrease in diesel costs, but not for very long
Currently, not all prices have been raised. According to Javier Conda, who operates a petrol station in Cutler Bay, the price of diesel has decreased by ten cents over the course of the past week.
It is currently going down. The following week. Arise,” Conda remarked.
When they can, drivers look for ways to save money.
In an effort to make the most of his limited gasoline budget, Farias maintains his membership in the 7-Eleven rewards program and refuses to move stations, even if the costs increase.
It was he who remarked, “Gotta get something back…”
Jenkins suggested that it is a good idea to make use of incentive programs and also suggested that one should refuel in regions that are close to several petrol stations, as this may result in lower prices due to the presence of competitive pricing.
What are the highest and lowest costs in the state of Florida?
Some metropolitan regions in Florida are seeing a greater degree of pricing pressure than others.
Some Florida metro areas are feeling the price pressure more than others.
Most expensive gas prices in Florida:
- West Palm Beach–Boca Raton: $3.27
- Naples: $3.18
- Gainesville: $3.18
Least expensive gas prices in Florida:
- Crestview–Fort Walton Beach: $2.90
- Panama City: $2.93
- Pensacola: $2.96
Tips to save money at the pump
AAA recommends drivers take the following steps to reduce fuel costs:
- Combine errands to limit drive time
- Avoid rapid acceleration and speeding
- Remove unnecessary weight from vehicles
- Use the AAA mobile app to compare prices locally
- Pay with cash to avoid card surcharges
