Gas prices decline in Lima region


By Staff Reports - TLNinfo@limanews.com



ON THE WEB

Check out the region’s gas prices at LimaOhio.com/gasprices.

LIMA — The region saw some improvements to gas prices in the past week, with the average price of a gallon of regular unleaded gasoline dropping 12 cents since last week, according to GasBuddy.com, making the Lima area the 11th least expensive in the country.

The average price for a gallon was $2.30 on Monday morning, down from $2.42 last week. Still, it’s up 28.8 cents from last month’s average and up 22.6 cents from last year’s average.

“It still will take time to completely heal from the issues Harvey and Irma left, particularly due to the large scale disruptions of fuel logistics and production, but improvement will continue both with lower retail prices and high refinery output,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.

The lowest recorded price was $2.21 at the Shawnee Fuel Stop of West Breese Road in Lima and the Sam’s Club on Greely Chapel Road in Lima.

The region’s prices had been among some of the lowest in Ohio, which had the fifth least-expensive prices in the country Monday morning.

In the morning, Hardin County’s prices averaged $2.18 a gallon, followed by Shelby ($2.22), Auglaize ($2.27), Mercer ($2.29), Hancock ($2.30), Allen ($2.30), Putnam ($2.32), Logan ($2.44) and Van Wert ($2.46) counties.

Experts anticipate prices will drop as regions transition to winter gasoline blends.

“With refineries continuing to get back online and with demand cooling off from the summer months, we have more room to see the national average drop in the week ahead,” DeHaan said. “In fact, this week could see some of the largest drops in gas prices in many months.”

https://www.limaohio.com/wp-content/uploads/sites/54/2017/09/web1_GasPrices-7.jpg

By Staff Reports

TLNinfo@limanews.com

ON THE WEB

Check out the region’s gas prices at LimaOhio.com/gasprices.

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