Gasoline prices drop sharply last week

Gasoline price news

Average retail gasoline prices in Ohio have fallen 22.3 cents per gallon in the past week, averaging $3.48 per gallon on Sunday, according to GasBuddy’s daily survey of 5,345 gas outlets in Ohio. This compares with the national average, which has fallen 3.8 cents per gallon in the last week to $3.57 a gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 7.0 cents per gallon higher than the same day one year ago and 24.2 cents per gallon lower than a month ago. The national average has decreased 9.5 cents per gallon during the last month and stands 12.0 cents per gallon higher than this day one year ago.

“Relief continues to show up at pumps in the Great Lakes, while the opposite trend has started in California,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Gasoline prices are certainly a bit wacky right now across the country with prices moving in difference directions, but from what we saw in the last few days with oil prices, I’m hopeful that most areas of the United States will see new or continued relief for at least the first half of this week, with some areas seeing a continued drop for most of this week.”

About GasBuddy

GasBuddy operates OhioGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app that has been downloaded over 25 million times to help motorists find the lowest gasoline prices in their area.