Average Ohio gasoline prices fall again

Gasoline price information

Average retail gasoline prices in Ohio have fallen 13.5 cents per gallon in the past week, averaging $3.19 a 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 5.9 cents per gallon in the last week to $3.30 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices yesterday were 19.3 cents per gallon lower than the same day one year ago and are 13.8 cents per gallon lower than a month ago. The national average has decreased 13.3 cents per gallon during the last month and stands 26.4 cents per gallon lower than this day one year ago.

“Last week saw new downward momentum in crude prices- after staying above $100 a barrel for 111 days since early July, crude prices fell below $100 and just days ago closed as low as $96 a barrel,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “In turn, the sudden drops in crude prices have pushed gasoline futures down as well, with motorists on the winning side of this all.

“The national average has picked up some steam on its downward trend and in some areas of the U.S., the wholesale price of gasoline is nearing yearly lows, which is adding up to significant savings for motorists,” DeHaan noted.

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.