Gas prices fall, but still not cheap

VW independent staff/submitted information

There’s more good news and a bit of bad news at the pumps.

The good news – average gasoline prices in Ohio have fallen 29 cents per gallon in the last week, averaging $4.03 per gallon on Monday, according to GasBuddy’s survey of 5,345 stations in Ohio. More good news – prices in Ohio are 69.3 cents per gallon lower than a month ago and in Van Wert, gas prices on Monday were below the statewide average, ranging from $3.71 to $3.99 per gallon. 

Here’s the bad news – even with the recent drop, pump prices on average are still $1.03 per gallon higher than a year ago.
 
According to GasBuddy price reports, the cheapest station in Ohio was priced at $3.18 per gallon on Sunday, while the most expensive was $5.79 per gallon, a difference of $2.61 per gallon.

At $3.42 per gallon, neighboring Indiana continues to boast the lowest average gas price in the country. Sunday morning, one gas station in Warsaw had gas for $2.99 per gallon when paying cash.

The national average price of gasoline has fallen 17.9 cents per gallon in the last week, averaging $4.09 per gallon on Monday. The national average is down 45.2 cents per gallon from a month ago and stands $1.02 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

“Average gasoline prices declined in virtually every state over the last week as oil prices continued to fall, with crude approaching $90 per barrel and refiners ramping up output following seasonal maintenance,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The combination of lower oil costs and improving refinery runs has kept downward pressure on pump prices, giving motorists a welcome reprieve. However, the future of prices remains murky. With the Strait of Hormuz remaining effectively closed, global oil supplies continue to tighten, and any further deterioration in the situation could send prices sharply higher.”

“For now, motorists may enjoy the savings at the pump, but the risk of a significant reversal has not gone away,” he added.
 
Historical gasoline prices in Ohio and the national average going back five years:

June 8, 2025: $3.00/g (U.S. Average: $3.07/g)
June 8, 2024: $3.24/g (U.S. Average: $3.42/g)
June 8, 2023: $3.58/g (U.S. Average: $3.55/g)
June 8, 2022: $5.07/g (U.S. Average: $4.98/g)
June 8, 2021: $3.03/g (U.S. Average: $3.07/g)