AAA: Gas Prices Fall in Ohio

0

The average price of gasoline across South Central Ohio is 10 cents lower this week at $3.503 per gallon, according to AAA East Central’s Gas Price Report.

This week’s average prices: South Central Ohio Average: $3.503

Average price during the week of May 15, 2023 $3.603

Average price during the week of May 23, 2022 $4.482

The average price of unleaded self-serve gasoline in various areas:

$3.587 Athens

$3.522 Chillicothe

$3.430 Columbiana

$3.555 East Liverpool

$3.362 Gallipolis

$3.462 Hillsboro

$3.499 Ironton

$3.603 Jackson

$3.496 Logan

$3.597 Marietta

$3.444 Portsmouth

$3.480 Steubenville

$3.483 Washington Court House

$3.527 Waverly

Trend Analysis:

As next week’s busy Memorial Day travel weekend approaches, gas prices are relatively stable, increasing a penny over the past week to $3.54 for a gallon of regular unleaded. A decline in demand and the low cost of oil are the main factors. Today’s national average is 13 cents less than a month ago and $1.05 less than a year ago.

According to new data from the Energy Information Administration (EIA), gas demand declined from 9.30 to 8.91 million barrels per day last week. The drop has reduced pressure on pump prices. Meanwhile, total domestic gasoline stocks decreased by 1.4 million barrels to 218.3 million barrels.

Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.

No posts to display