Florida Gas Prices Hit Record Highs Despite Brief Dip, Fueling Inflation Worries

Florida's gas prices have surged to a record high of $3.62 per gallon after a brief dip last week, with West Palm Beach being the most expensive metro market at $3.77 per gallon. The increase is attributed to gains in the futures market, seasonal maintenance at refineries, the introduction of more expensive summer gasoline, and geopolitical tensions affecting global demand. Despite the rise, the current average is still lower than last year's springtime peak.