Average gas price in Florida at $4.48 per gallon as millions prepare to take Memorial Day trips

Cost of gas declined nearly 3 cents after reaching new record highs last week, AAA says

JACKSONVILLE, Fla. – The average price of gas in Florida remained at $4.48 on Monday as nearly 2 million Floridians prepare to take a Memorial Day road trip, AAA said.

Monday’s average gas price in the state was the same as Sunday’s. AAA said the state average has declined 3 cents after setting a new record high price of $4.51 per gallon last week.

As of Monday, according to AAA, the average gas price in Georgia was $4.14, while the national average was $4.60.

“Even though pump prices have moved slightly lower, gas prices on Memorial Day are still forecast to be the holiday’s most expensive yet,” said Mark Jenkins, a spokesman for AAA - The Auto Club Group. “A combination of tightening global supplies and strengthening demand are the main culprits behind this unprecedented pain at the pump. Unfortunately, there doesn’t appear to be a quick end in sight. Gas prices are likely to continue fluctuating throughout the summer and remain well above year-ago levels.”

This Memorial Day weekend, AAA forecasts that 2.19 million Floridians will travel 50 miles or more from home. Of those, 1.96 million are expected to travel by car -- 100,000 more than last year.