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Pump prices to surge as Florida gas tax holiday ends

Money in the chute of a gas representing high gas prices

(WEST PALM BEACH, FL)– Since the beginning of October drivers in Florida have enjoyed lower gas prices thanks a special state tax holiday signed into law back in March.

On Tuesday the pause comes to an end and motorists can immediately expect to spend 25.3 cents more per gallon at the pump.

The temporary reduction in prices has helped ease the pinch for some consumers who are struggling with high fuel prices as well as the rising cost of food and housing.

Monday’s price for a gallon of regular gasoline is $3.469 which is above the statewide average of $3.28 according to AAA.

Nationwide, the price is $3.76 with California leading the pack at $5.566 per gallon.

Gas prices are expected to remain high for the rest of the year but a possible decrease may lay ahead on 2023 according to Reuters.