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Gas Prices in Palm Coast Lower than $3.40 a Gallon, Continuing 30% Drop Since Mid-June

September 19, 2022 | FlaglerLive | 11 Comments

gas prices
Still falling. (© FlaglerLive)

Palm Coast gas prices dropped below $3.40 a gallon on Monday, to $3.39 at most service stations along Guzzlers’ Alley on State Road 100, and at several stations gas was selling for $3.33 in Flagler, lower than the Florida average of $3.42 per gallon on Sunday.

RaceTrac, Shell and Exxon stations on Palm Coast Parkway were at $3.33 for regular unleaded. Most stations along State Road 100 were at $3.39, a more-than-30 percent decline since prices neared $5 a gallon in mid-June. The lowest price in the county appeared to be the Hess Station in Korona, on U.S. 1, south of Bunnell, which has customarily had lower prices than most other stations.




There are lower prices still at the intersection of LPGA Boulevard and I-95, where Sam’s Club was selling gas for $3.18 a gallon today–for Sam’s Club members only–and Buc-cees was at $3.29.

Florida gas prices declined 3 cents per gallon last week. The state average has now three consecutive weekly declines, falling a total of 20 cents per gallon since August 27, according to AAA. 

It now costs Florida drivers $51 to fill an average sized 15-gallon tank of gas. That’s $22 less than what drivers paid in mid-June, when gas prices reached a record-high $4.89 per gallon in the state.

“Crude oil and gasoline futures finished the week slightly lower than the week before, on ongoing concerns that a global recession and potential U.S. interest rate hike could stifle global fuel demand,” said AAA spokesman Mark Jenkins. “This should enable gas prices to slip even lower this week.”

On Friday, the price of U.S. crude settled at $85.11 per barrel. That’s $1.68 per barrel less than the week before, and down from $122 a barrel on June 8, a 30 percent decline that closely tracks the drop at the gas pump.




Regional Prices

  • Most expensive metro markets – West Palm Beach-Boca Raton ($3.62), Tallahassee ($3.52), Miami ($3.48)
  • Least expensive metro markets – Pensacola ($3.20), Crestview-Fort Walton Beach ($3.20), Panama City ($3.28)
Gas Price Overview Oil Price Overview
Sunday’s Avg. Price – $3.42 per gallon

Cost for a Full Tank – $51 (15 gallons)

2022 High – $4.89 per gallon (June 13, 2022)

2021 High – $3.36 per gallon (Nov. 2021)

Record High – $4.89 per gallon (June 13, 2022)

Friday’s U.S. Oil Price – $85.11 per barrel

Previous Week’s Closing Price – $86.79 per barrel

2022 High – $123.70 (Mar. 8, 2022)

2021 High – $84.65 per barrel (Oct. 2021)

Record High – $145.29 per barrel (July 2008)

 

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Reader Interactions

Comments

  1. BMW says

    September 19, 2022 at 8:30 pm

    Florida average – September 2020 – $2.10 per gallon.

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  2. Jimbo99 says

    September 19, 2022 at 8:45 pm

    This nation is in a recession. How many homeowners won’t be getting affordable homeowners insurance coverage. $ 3.40 is still a gouge. before the Pandemic shutdown gasoline was no more than $ 2.65/gallon. I’m fair about it, I just can’t find much to spin about Biden inflation. The masses were extorted for deeper debt. I don’t know of anyone that was able to take advantage of the student loan forgiveness. Another few pennies on a gallon of gasoline is the lunacy of Biden’s Unaffordable America.

    https://theapopkavoice.com/stories/2019-florida-gas-prices-averaged-15-cents-less-than-2018,9710

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  3. Jackson1955 says

    September 19, 2022 at 9:01 pm

    Thanks President Biden.
    You did this!

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  4. Karen says

    September 19, 2022 at 9:56 pm

    Thank you President Biden for trying your best to bring gas prices down

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  5. daniel beasley says

    September 20, 2022 at 10:50 am

    $3.40 per gal. Still MUCH higher than when Trump was Prez. Why don’ you tell it like it is instead of glorifying the dems dismal inflation actions.

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  6. Alphonse Abonte says

    September 22, 2022 at 11:29 am

    Would anyone like to tell us of any Bidens successful strategies thus far………anyone?…….Biden Policies?…… Hello?

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  7. STANLEY says

    September 22, 2022 at 4:24 pm

    WAIT TILL AFTER THE MID TERM ELECTIONS,WE’LL SEE HOW MUCH BRAGGING WILL BE GOING ON ABOUT HOW LOW GAS PRICES ARE !!!

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  8. Alphonse Abonte says

    September 23, 2022 at 7:23 am

    Meanwhile, President Joe Biden insisted earlier this week in an interview on CBS’ “60 Minutes” that inflation “hasn’t spiked” in recent months and remains “basically even.” The sheeple that believe in these present day idiots running our government are easily influenced.

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  9. Zemo Klotz says

    September 23, 2022 at 4:13 pm

    Domestic oil is the new ivermectin, you can’t have it because it would resolve the crisis that they need you to go through.

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  10. Timothy Patrick Welch says

    September 26, 2022 at 3:19 pm

    Inflation is a cycle, president can’t be blamed.

    Interest rates too low for too long
    China (worlds manufacturing hub) slowdown due to Covid
    Chicken diseases
    Environmentalists attack on oil
    Local and Federal government support of environmentalists
    Covid bailout
    etc…

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  11. Timothy Patrick Welch says

    September 26, 2022 at 3:20 pm

    Looking forward to fuel tax relief in October…

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