The average price of gasoline across South Central Ohio is seven cents lower this week at $1.985 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: South Central Ohio Average: $1.985
Average price during the week of November 9, 2020 $2.059
Average price during the week of November 18, 2019 $2.578
The average price of unleaded self-serve gasoline in various areas:
$1.991 East Liverpool
$2.035 Washington Court House
Motorists are paying more to fill up than last Monday in nearly 30 states, with most paying just a few pennies more. On the week, South Carolina (+8 cents) saw the largest increase followed by these states who each had a six cent increase: Michigan, New Mexico, Indiana, Delaware, and Minnesota.
With the majority of states seeing increases, the national gas price average pushed a penny more expensive. The overall weekly increases seen across the country are likely a reaction to the latest Energy Information Administration’s report showing increased demand (from 8.3 million b/d to 8.7 million b/d) while supply dwindled by 2.3 million bbl. This could be a short-lived trend, however, as many states are seeing rising COVID-19 case numbers, which could lead to lower demand.
Despite the weekly increase, gas prices remain cheap both compared to last month (-5 cents) and last year (-48 cents).
At the close of Friday’s formal trading session, West Texas Intermediate decreased by 99 cents to settle at $40.13. Domestic crude prices decreased at the end of the day due to rising coronavirus infections worldwide.
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.