Ohio gasoline prices fall again last week

Van Wert independent/gasoline price info

Average retail gasoline prices in Ohio have fallen 13.3 cents per gallon in the past week, averaging $3.32 per gallon on Sunday, according to GasBuddy’s daily survey of 5,345 gas outlets in Ohio. This compares with the national average that has fallen 5.8 cents per gallon in the last week to $3.43 a gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 39.2 cents per gallon lower than the same day one year ago and are 32.1 cents per gallon lower than a month ago. The national average has decreased 18.8 cents per gallon during the last month and is 36.6 cents per gallon lower than this day one year ago.

“Gasoline prices continue to erode, with twelve states that are seeing prices under $3 a gallon, and more states will join in on that over the next seven days” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While it’s generally good news that gasoline prices continue falling, many Americans don’t believe we’re likely to see national averages drop under $3 a gallon over the next year at the pump.”

GasBuddy surveyed over 10,000 motorists with two-thirds of respondents saying that the national average will remain between $3 and $4 per gallon through 2014. Perhaps in a sign of positive sentiment, just 13 percent of respondents said they thought that prices nationally would exceed $4 a gallon, while 20 percent believed prices could go under $3 per gallon.

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.