- July 27, 2026
Parts of Florida were back over $4 a gallon for gas as the state average approached that mark this week.
But questions remain about the future of pump prices as crude oil prices dropped after the U.S. and Iran curbed new attacks over the weekend, while the nation’s crude oil supply remains at a seasonal low.
“Where we stand now --- national average could inch up, not spike,” Patrick De Haan, head of petroleum analysis at GasBuddy, posted Sunday night on X.
The national average was $4.11 on Monday, according to AAA. The mark was up 11 cents from a week earlier and 23 cents higher than a month ago, before military action against Iran resumed.
Florida’s average of $3.98 per gallon on Monday was up 4 cents from a week earlier and 15 cents over the month, according to AAA numbers.
Most of South Florida and the Big Bend region east of Tallahassee showed averages over $4, while the lowest averages were found across the Panhandle, with a low of $3.76 in Jackson County. For the prior few week, Monroe County, which includes the Florida Keys, was the lone part of the state with an average over $4.
Meanwhile, diesel prices vital to agriculture and supply chain transportation, leapt to $5.43 on Monday, up 20 cents over the week and 78 cents over the month.
The initial U.S. strikes on Iran at the end of February and the closure of the vital oil supply route through the Strait of Hormuz prompted the White House to release millions of barrels from the Strategic Petroleum Reserve.
U.S. commercial crude oil inventories were about 6 percent below the five-year average for this time of year, according to the Energy Information Administration’s Weekly Petroleum Status Report for the week ending July 10.
