Gas Prices still remain high in Lima region


By Camri Nelson - cnelson@limanews.com



LIMA — Gas prices are still as high as they were the second week of May, with national gas prices at $2.81.

Shelby County has the lowest gas prices at $2.56. Van Wert has the second lowest gas prices at $2.57, followed by Auglaize at $2.581, Allen at $2.589, Hardin at $2.59, Mercer at $2.60, Hancock at $2.62 and Putnam at $2.677.

On Monday afternoon, the average price of a gallon of regular gas in Ohio was $2.81, while last week’s average was $2.71. Gas prices have gone up 9.8 cents from last month’s average and have increased 48.3 cents from last year’s average.

Gas prices in the Lima region have gone up 5.9 cents since Sunday, according to prices reported to GasBuddy.com. Lima’s gas prices have gone up 1.7 cents since last week. The average for last month was 14.2 cents lower than Monday’s prices, according to GasBuddy’s daily survey of 5,345 gas outlets in Ohio.

The national average has been steady since last week at $2.81. Gas prices have gone up 58.6 cents since last year and is up 15.1 cents since last month.

There are 15 states with gas prices lower than they were last week, according to Patrick DeHaan, head of petroleum analysis for GasBuddy.

“While we may not be out of the woods yet, especially with President Trump mulling over the Iran nuclear deal, it’s possible we’re very close,” said DeHaan. “Much will depend on his decision on the subject. Killing the deal may inflict more pain on motorists as it may lead to sanctions placed on Iran and their oil production, which would likely push oil prices higher.”

DeHaan expects that these possible moves in the oil industry are factors that will affect the gas prices and that motorists should expect the national average to be nearly $3 a gallon during the summer.

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By Camri Nelson

cnelson@limanews.com

Reach Camri Nelson at 567-242-0456 or on Twitter @CamriNews.

Reach Camri Nelson at 567-242-0456 or on Twitter @CamriNews.

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