Ohio gas prices up again, still under 2015

VW independent/submitted information

Average retail gasoline prices in Ohio have risen 14.1 cents per gallon in the past week, averaging $2.38 per gallon on Sunday, according to GasBuddy’s daily survey of 5,345 gas outlets in Ohio. This compares with the national average, which has increased 6.1 cents per gallon in the last week to $2.28 a gallon, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Ohio during the past week, prices Sunday were 34.5 cents per gallon lower than the same day one year ago and are 20.1 cents per gallon higher than a month ago. The national average has increased 15.1 cents per gallon during the last month and stands 46.1 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on May 23 in Ohio have ranged widely over the last five years: $2.72 per gallon in 2015, $3.84 per gallon in 2014, $3.78 per gallon in 2013, $3.71 per gallon in 2012 and $3.74 per gallon in 2011.

“With crude oil prices rallying over the past six weeks, reaching the highest point that we’ve seen since November ($48.50 a barrel) before Friday’s close, we should expect wholesale and retail gasoline prices to rise further,” says Gregg Laskoski, senior petroleum analyst for GasBuddy. “The good news for consumers is that, even with the recent increases in the price at the pump, on average we’re still paying about 45 cents less per gallon this year versus last. And in California, the state average is $1 less than last year … that should please anyone with travel plans this summer!”