The Van Wert County Courthouse

Thursday, Jun. 4, 2020

Ohio gas prices up again after decreases

Ohio gasoline price information

Average retail gasoline prices in Ohio have risen 12.2 cents per gallon in the past week, averaging $3.30 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 1.2 cents per gallon in the last week to $3.34 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 7.8 cents per gallon lower than the same day one year ago and are 4.7 cents per gallon lower than a month ago. The national average has decreased 8.5 cents per gallon during the last month and stands 8.6 cents per gallon lower than this day one year ago.

“Hard to believe, but in a week that saw U.S. airstrikes on Iraq targeting ISIS (the Islamic State of Iraq & Syria) terrorism, the resulting ‘spike’ in crude oil prices was barely a ripple,” said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski. “The benchmark West Texas Intermediate (WTI) ended the week just $2 per barrel higher than it started.”

“Undoubtedly, robust U.S. oil production this year has greatly reduced the potential volatility in global markets that such events would have otherwise induced,” he added.

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: 09/30/14 at 7:33 am. FILED UNDER: News