Gasoline prices continue to fall

Ohio gasoline price news

Average retail gasoline prices in Ohio have fallen 7.7 cents per gallon in the past week, averaging $3.52 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 4.0 cents per gallon in the last week to $3.58 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 24.4 cents per gallon lower than the same day one year ago and are 7.4 cents per gallon lower than a month ago. The national average has decreased 9.3 cents per gallon during the last month and stands 32.8 cents per gallon lower than this day one year ago.

“Americans are spending $108 million less on gasoline every day than they were a year ago,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “Prices in nearly all Metropolitan Statistical Areas are lower today than a year ago. In all, 300 Metropolitan Statistical Areas saw cheaper first quarter prices for gasoline than in 2012, with two MSAs showing no statistically significant change.”

More expensive markets in 2013 included locations in Vermont, New York, Massachusetts, and Pennsylvania. The most expensive market in the country was the Honolulu area, but the outright price of $4.157 a gallon this year was just 3 cents per gallon above the 2012 number.

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.