Sebastian gas prices jump 20 cents, higher than Florida average

Gas prices jump in Sebastian, Florida.
Gas prices jump in Sebastian, Florida.

SEBASTIAN – On Tuesday, some gas stations in Sebastian raised their gas prices by 20 cents, higher than the Florida average.

The Speedway and Mobil gas stations at the corner of CR-512 and U.S. Highway 1 increased their gas prices to $2.20, staying above the $2 mark.

The gas stations in Sebastian were expected to lower their prices below $2 last week. The Mobil gas station west of town at the corner of CR-510 and CR-512 did drop it to $1.99 momentarily. They were the only station.

Walmart and Cumberland Farms are still selling gas for $2.01 a gallon.

So why are gas prices going up?

The price of oil did jump, but it usually takes several days, if not weeks, for these prices to reflect local prices. For some reason, Speedway and Mobil on U.S. Highway 1 felt justified in raising the price approximately 20 cents more.

Exxon in Palm Bay is selling gas at $1.89 per gallon, making it 41 cents less per gallon. Most gas stations in Palm Bay are still below $2 per gallon.

For the first time, gas stations in Vero Beach have decided to raise their prices too. Until now, a lot of the gas stations were priced cheaper, similar to Palm Bay. The lowest price in Vero Beach is now $2.07.

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About Andy Hodges
Andy Hodges was born in Annapolis, Maryland and raised in Jupiter, Florida. Andy has been a radio & TV personality since the 1980s. He has worked for WLIZ, WFLX-FOX 29, WIRK, WIXI, WKSY, WRMF, and WJNO to name a few. After spending 7 years in Atlanta, Georgia during the 1990s, Andy returned to Florida and settled in the small town of Sebastian in 2000. In 2005, he returned to the broadcasting news sector and eventually joined our news team in 2016 as editor in chief. Andy's family has lived in Sebastian for more than 45 years.