Gas prices drop over weekend as Florida’s gas tax holiday begins

Florida’s gas prices dropped over the weekend just as the state gas tax holiday went into effect, AAA reported Monday.

The tax holiday began Oct. 1 and will go on through the rest of October.

The tax holiday suspends the state’s 25.3 cent tax on each gallon of gasoline.

According to AAA, Florida’s average price for gasoline was $3.26 per gallon on Sunday – the lowest daily average price since January.

AAA reports that 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.

“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 metro markets are currently West Palm Beach-Boca Raton ($3.47), Miami ($3.32) and Gainesville ($3.31).

The least expensive metro markets are Panama City ($3.15), Pensacola ($3.07) and Crestview-Fort Walton Beach ($3.06).

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Amanda Batchelor is the Digital Executive Producer for