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Gasoline prices increased last week

Gasoline price information

Average retail gasoline prices in Ohio have risen 12.8 cents per gallon in the past week, averaging $3.80 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 increased 1 cent per gallon in the last week to $3.63 a gallon, according to gasoline price website GasBuddy.com.

Gasoline price graphic 8-2012Including the change in gas prices in Ohio during the past week, prices Sunday were 12.4 cents per gallon higher than the same day one year ago and are 5.0 cents per gallon higher than a month ago. The national average has decreased 2.0 cents per gallon during the last month and stands 2.1 cents per gallon lower than this day one year ago.

“The start to the summer driving season came with little fanfare,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “The national average has remained virtually unchanged for four days straight, and prices over Memorial Day weekend nationally ended up slightly under 2013’s levels.

“Between now and mid-June we should see additional relief at the pump, and by the end of June, the national average could decline another 10 cents per gallon from where it currently stands,” DeHaan added. “We’re hopeful that hurricane season will make little impact, as several key organizations have said their forecasts call for fewer than average storms, which would certainly help motorists avoid seeing late summer price spikes.”

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.

POSTED: 05/28/14 at 7:14 am. FILED UNDER: News