Gasoline prices fall further last week

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Average retail gasoline prices in Ohio have fallen 13.6 cents per gallon in the past week, averaging $3.34 a gallon on Sunday. This compares with the national average that has not moved in the last week to $3.42per gallon, according to gasoline price website OhioGasPrices.com.

Including the change in gas prices in Ohio during the past week, prices yesterday were 26.1 cents per gallon lower than the same day one year ago and are 31.7 cents per gallon lower than a month ago. The national average has decreased 11.0 cents per gallon during the last month and stands 24.7 cents per gallon lower than this day one year ago.

“Those who stuck around the low gas price party expecting it to last have realized they’re out in the cold,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Oil prices are well off their recent lows, and we’ll likely continue to see the national average rise in response.

“Most regions should see prices rising, while the Rockies areas may see any increase take considerably longer to arrive,” DeHaan added.