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VW gasoline prices around state average

VW independent/submitted information

Ohio gas prices have fallen 6.6 cents per gallon in the past week, averaging $2.38 per gallon on Monday, according to GasBuddy’s daily survey of 5,345 stations. Gas prices in Ohio are 15.3 cents per gallon higher than a month ago, yet stand 5.5 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Ohio is priced at $2.09 per gallon today, while the most expensive is $2.99 per gallon, a difference of 90 cents per gallon. The cheapest price in the entire country today stands at $1.79 per gallon, while the most expensive is $4.59 per gallon, a difference of $2.80 per gallon. 

The national average price of gasoline has risen 4.3 cents per gallon in the last week, averaging $2.54/g today. The national average is up 20.6 cents per gallon from a month ago, yet stands 0.3 cents per gallon lower than a year ago.

“March madness is already in full swing at pumps across the country as the U.S. has seen the national average rise for five straight weeks and there’s no sign of a slowdown yet,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Several perhaps major refinery issues flared up over the weekend, including fires at two facilities that could push wholesale gasoline prices up notably, mainly in the Pacific Northwest and the Gulf Coast, should the shutdowns linger. 

“This is the time of year that energy markets are very sensitive to such unexpected outages as dozens of refineries across the country perform maintenance in a tight window ahead of the summer driving season,” DeHaan added. “Any major outages can lead to tight inventory ahead of specification changes and have a severe impact on gas prices. The situation is delicate and bears further monitoring in the days ahead.”

POSTED: 03/18/19 at 7:19 am. FILED UNDER: News