The Van Wert County Courthouse

Tuesday, Jun. 19, 2018

Gasoline prices mostly down a little here

VW independent/submitted information

Van Wert gasoline prices mostly decreased a little over last week, although prices at the high end were the same as last week.

The lowest price was again at Murphy USA in the Towne Center shopping center: $2.62 a gallon, versus $2.64 per gallon last week. The Pak-A-Sak Marathon station on South Shannon Street was a penny higher at $2.63 a gallon, while four stations, Pak-A-Sak North at 800 N. Washington St., Lassus Handy Dandy and the One Stop Shop, both on North Washington, and the Shell station on South Washington, were all at $2.65 a gallon. On the high end were the Marathon station next to the Brookside Convenience Store, at $2.74 a gallon, and the Short Stop Sunoco station at $2.79 a gallon — the same as the week before.

Gasoline prices in Ohio have risen 2.6 cents per gallon in the past week, averaging $2.78 per gallon on Sunday, according to GasBuddy’s daily survey of 5,345 stations in Ohio. This compares with the national average, which has fallen 3.1 cents per gallon versus last week to $2.91 per gallon, according to GasBuddy.
Including the change locally during the past week, prices Sunday were 55.5 cents per gallon higher than a year ago and are 3.7 cents per gallon lower than a month ago. The national average has increased 4.8 cents per gallon during the last month and stands 58.5 cents per gallon higher than a year ago.

“Gasoline prices continue to fade after peaking just ahead of Memorial Day, largely in part due to previous discussion that OPEC may lift output, pushing oil prices back down to the mid-$60s,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “As we’ve been expecting for months, gas prices will likely decline in the month of June as summer gasoline inventories continue to build and refiners continue to crank out fuels like gasoline and diesel.

“A solid majority of states saw average gas prices decline last week, and I expect we’ll hold that trajectory again this week,” DeHaan added.

POSTED: 06/11/18 at 8:23 am. FILED UNDER: News