April 8, 2024 Press Release from GasBuddy: Average gasoline prices in Ohio have risen 20.5 cents per gallon in the last week, averaging $3.51/g today, according to GasBuddy's survey of 5,345 stations in Ohio. Prices in Ohio are 15.8 cents per gallon higher than a month ago and stand 14.9 cents per gallon lower than a year ago. The national average price of diesel has increased 3.1 cents in the last week and stands at $4.02 per gallon.
You may have noticed prices at the pump have been going up lately. Reports put together by GasBuddy have found that gas prices have gone up 15 cents since last month, and nearly six cents just in the last week.
Gas prices in Ohio have continued to drop over the last week, according to gasbuddy.com. Currently the average in Ohio is $1.95 a gallon. That's about 55 cents less than the average one year ago. But the question of those prices continuing to drop is currently in the air. The petroleum analyst with GasBuddy believes that there are a variety of factors that could play into where prices could go over the last two months of the year, including who ultimately is elected president of the United States.
Locally, there are many stations that are under the two-dollar mark. Petroleum experts say the reason for the drop is because refineries are back to work after Hurricane Laura and this summer has been good at the pump. They say this has been the most stable and had the lowest gas prices between Memorial Day and Labor Day in 16 years. With refineries switching to the cheaper winter blend in the next couple of weeks, GasBuddy says the prices will continue to drop going into the fall.
Although you may be seeing gas prices continually rising, they will hit record lows this holiday weekend. This Independence Day will mark the lowest average price per gallon of gas on the holiday since 2004. Because of the pandemic, less people are leaving their homes, therefore the demand for gasoline is reduced.
Over the last few weeks, we've been enjoying the lower gas prices statewide, but prices in Ohio have been slowly on the rise. GasBuddy says gas prices in the state have risen just over two cents per gallon over the last week, averaging a $1.97 a gallon for the state.
The three "Big C's" of Ohio appeared on a recent list of cities where their drivers are overpaying for gas. The list, which was released by GasBuddy.com, showed that Columbus is number 2 in the nation where drivers are spending more at one gas station instead of finding another station with a lower price.
As 2019 rolls to a close, you may have noticed that the prices at the pump have been a little higher than what we saw just a few weeks ago. GasBuddy says the average gas price for the state of Ohio is around $2.60 a gallon right now, that's about 10 cents higher than the average prices that we saw earlier this month.
Prices at the pump make a jump at the start of the week, as Ohio's average gas price sits at $2.23 a gallon. According to the survey done by GasBuddy.com, prices rose 5.8 cents in the past week, which is higher than the national average of three cents a gallon.
This is something every driver watches. The price of gas and how it changes.
