Gas prices increase at faster pace


Staff reports



OHIO GAS

PRICES

April 29

2018: $2.73

2017: $2.28

2016: $2.31

2015: $2.46

2014: $3.74

2009: $2.01

Gas prices resumed an upward climb in the last week with average gas prices rising in nearly all states.

“This spring certainly has brought furious price increases at faster paces than we’ve seen in past years,” said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Ohio gas prices have risen 1.7 cents per gallon in the past week, averaging $2.70/g Monday, according to GasBuddy’s daily survey of 5,345 stations. Gas prices in Ohio are 8.6 cents per gallon higher than a month ago, yet stand 3.0 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Ohio is priced at $2.39/g while the most expensive is $2.99/g, a difference of 60.0 cents per gallon.

“Peak prices are likely starting to enter into view for over the next few weeks for some states while the national average will likely peak somewhere between 2-5 weeks from now before falling. The homestretch is quickly coming into view.” said DeHaan.

“The best news for motorists is they may catch a break in June as prices moderate slightly as refiners finish maintenance and boost production,” he said.

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Staff reports

OHIO GAS

PRICES

April 29

2018: $2.73

2017: $2.28

2016: $2.31

2015: $2.46

2014: $3.74

2009: $2.01

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