The average price of gasoline across South Central Ohio is a penny higher this week at $2.132 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: South Central Ohio Average: $2.132
Average price during the week of September 28, 2020 $2.128
Average price during the week of October 7, 2019 $2.567
The average price of unleaded self-serve gasoline in various areas:
$2.192 East Liverpool
$2.165 Washington Court House
At $2.18, the national gas price average is at the cheapest start to the month of October since 2016. That average is the same as a week ago, four cents cheaper than the start of this past September, and nearly 50 cents cheaper than last year. The national average held on the week as demand was mostly stable at 8.5 million b/d, despite gasoline stocks increasing by 700,000 barrels.
On the week, 41 state gas price averages fluctuated by no more than two cents. Of those, 38 states only saw a penny increase or decrease. A handful of states saw more substantial gas price increases including Florida (+9 cents), Delaware (+6 cents), New Jersey (+6 cents), Washington, D.C. (+5 cents), West Virginia (+4 cents) and Maryland (+3 cents).
At the close of Friday’s formal trading session, West Texas Intermediate decreased by $1.67 to settle at $37.05. Crude prices dropped due to market concern about increasing coronavirus infections worldwide, which could lower crude demand. For this week, crude prices could decline further if demand concerns continue to worry the market.
Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.
AAA East Central is a not-for-profit association with 76 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.