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.