Ohio Gas Prices Drop Ahead of Holiday Travel: Columbus Drivers See Significant Savings
Ohio Gas Prices Drop Ahead of Holiday Travel
After several weeks of fluctuating prices, gasoline costs in Ohio have seen a notable decrease, just in time for the holiday travel season.
A recent survey conducted by GasBuddy across 500 stations in Columbus and nearby areas revealed that gas prices dropped by 33.7 cents from last week, averaging $2.52 per gallon. This represents a decline of 37.9 cents per gallon compared to four weeks ago and a staggering 67.8 cents per gallon lower than the same period last year.
Columbus Gas Price Highlights
- The cheapest gas station in the Columbus area reported a price of $1.99 per gallon, while the most expensive reached $3.99 per gallon, marking a $1.00 difference.
- Statewide, Ohio’s average gas price fell by 22.8 cents, now averaging $2.57 per gallon.
- Nationally, gas prices declined for the fourth consecutive week, averaging $2.79 per gallon, while diesel prices also decreased slightly to $3.575 per gallon.
Understanding Price Cycling
Patrick De Haan, GasBuddy’s Head of Petroleum Analysis, notes that lower gas prices are expected to continue nationwide during the holiday season.
“Oil prices are under pressure due to increased production from the U.S., Canada, and OPEC+, coupled with near-record refinery output – all of which are likely to keep gas prices low in the coming weeks,” De Haan explained.
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