Gas prices in South Central Ohio have increased by nearly six cents to $2.487 per gallon this week, according to AAA East Central’s Gas Price Report.
Gas prices are more expensive on the week across the Great Lakes and Central region, with three states landing on this week top 10 list with the biggest increases. Statewide, gas in Ohio is about seven cents more expensive than last week. On a lighter note, Ohio (+17 cents) has the region’s and country’s lowest year-over-year difference in gas prices.
With a nearly 500,000 barrel decrease, gasoline inventories continue to sit above the 58 million mark, according to the Energy Information Administration (EIA). The region carries the second-highest inventory level in the country – second to the South and Southeast’s 84 million.
Today’s average prices: South Central Ohio Average $2.487
Average price during the week of March 26, 2018 $2.429
Average price during the week of April 3, 2017 $2.299
Here is the price per gallon of unleaded self-serve gasoline in various areas:
$2.520 East Liverpool
$2.471 Washington Court House
On the National Front
Gas prices are edging up across the country; at $2.66, the national gas price average is 5-cents more expensive on the week and 11-cents more expensive than two weeks ago. The increase can be attributed partly to the holiday weekend and stronger-than-usual demand.
The NYMEX was closed on Friday due to the holiday. On Thursday, West Texas Intermediate increased 56 cents to settle at $64.94. The increase was led by Baker Hughes active rig count report that revealed the U.S. dropped seven active rigs last week, bringing the total to 797. Price gains were tempered by EIA’s weekly report showing that total crude oil inventories grew by 1.5 million barrels last week.
Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.
AAA East Central is a not-for-profit association with 80 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. News releases are available at news.eastcentral.aaa.com. Follow us on Twitter and Facebook.