Gasoline prices up in Ohio, down in US

Gas Buddy.com information

Average retail gasoline prices in Ohio have risen 3.1 cents per gallon in the past week, averaging $3.76 a gallon on Sunday. This compares with the national average, which has fallen 2.9 cents per gallon in the last week to $3.77 a gallon, according to gasoline price website OhioGasPrices.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 27.1 cents per gallon lower than the same day one year ago and are 1.6 cents per gallon lower than a month ago. The national average has decreased 13.4 cents per gallon during the last month and stands 15.9 cents per gallon lower than this day one year ago.

“I’d probably sound like a broken record at this point if I were to tell folks that crude prices breached and fell under $100 late last week. I’m sure I’ll be flooded with motorists asking why gasoline prices haven’t fallen yet,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan with a chuckle. “Either way, it’s great news for motorists, but some hot spots may burn motorists before they see any sizable relief.

“When I mention hot spots, I’m thinking of the West Coast, where supply has dropped considerably, causing tightness and perhaps higher prices,” DeHaan added. “The rest of the country, however, should see short term relief continue ahead of Memorial Day, easing unfounded fears of the national average hitting $5 a gallon, or even $4 a gallon.”