Gasoline prices decrease sharply in Ohio

Gasoline price news

Gasoline prices took a dive downwards this past week as part of the roller coaster gasoline prices have been riding in the past month.

Average retail gasoline prices in Ohio fell 16.7 cents per gallon in the past week, averaging $3.73 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 2.1 cents per gallon in the last week to $3.61 per gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 9.2 cents per gallon higher than the same day one year ago and are 7.2 cents per gallon lower than a month ago. The national average has decreased 5.0 cents per gallon during the last month and stands 8.0 cents per gallon higher than this day one year ago.

“The national average has continued its downward decline in the last week, likely being helped by relief in the Great Lakes, a region that had been plagued with refining issues that have seemingly been resolved,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “While the national average stands higher than it did a year ago, we likely will see the average decline, and for motorists in the Great Lakes, the downward trend should mean well needed relief at the pump.

“Areas of California may see prices rising slightly in the days ahead, but at this time we aren’t seeing any short term price spikes across the United States,” DeHaan 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.