FLORIDA GAS PRICES

Florida gas prices have not changed much since Hurricane Laura made landfall along the Gulf Coast even though the region is home to nearly half of total petroleum refining capacity in the United States. Only about 15% of total U.S. refining capacity was shut down as a precaution before the storm. Florida gas prices averaged $2.07 per gallon, 8 cents less than last month, and 38 cents per gallon less than this time last year. Wholesale gasoline prices did get more expensive last week, which could cause retail prices to increase in the days ahead.