Area gas prices drop nearly 30 cents in two weeks

By John Bush - [email protected]

LIMA — Gas prices in nine area counties fell by an average of 7.6 cents since last week, marking a nearly 30-cent price drop since June 5.

Allen County saw the most significant decline, as the average price for a gallon of regular unleaded gas went from $2.17 last week to $2.02 early Monday, a 15-cent drop. Some locations offered gasoline below $2 a gallon by the evening.

Hancock County experienced the second-largest decrease, with the average gas price falling 10 cents. Prices in Mercer County dropped 9 cents, while Hardin and Shelby counties saw an 8-cent decline.

The lowest average price in the region was $2 in Hardin and Shelby counties, followed by Allen ($2.02), Hancock ($2.08), Auglaize ($2.09), Logan and Putnam ($2.10), Mercer ($2.13) and Van Wert ($2.14) counties.

In Allen County, prices were down 22 cents from last month’s average of $2.24 and fell 38 cents from last year’s average of $2.40.

The average price in Ohio was $2.12 early Monday, making it the 13th least-expensive state in the country for gas. Ohio’s prices dropped 9.1 cents per gallon from the previous week. This compares with the national average, which has fallen 4.4 cents in the last week to $2.28.

“Another week, another nearly country-wide decline in average gasoline prices as crude oil prices struggle near the lowest levels of the year,” said Patrick DeHaan, senior petroleum analyst for

Though prices have dropped precipitously in recent weeks, DeHaan said motorists shouldn’t expect them to decrease as much as they have been moving forward. However, prices across the U.S. could still decline next week thanks to healthy gas inventories, along with a push from refiners to pump out more product at rates that have been higher than demand.

By John Bush

[email protected]

Reach John Bush at 567-242-0456 or on Twitter @Bush_Lima.

Reach John Bush at 567-242-0456 or on Twitter @Bush_Lima.

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