AAA: Gas prices on the downward slide in Ohio

The average price of gasoline across South Central Ohio is 13 cents lower this week at $3.368 per gallon, according to AAA East Central’s Gas Price Report.

This week’s average prices: South Central Ohio Average — $3.368

Average price during the week of June 17, 2024 — $3.493

Average price during the week of June 26, 2023 — $3.440

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

$3.490 — Athens

$3.350 — Chillicothe

$3.137 — Columbiana

$3.374 — East Liverpool

$3.413 — Gallipolis

$3.396 — Hillsboro

$3.402 — Ironton

$3.300 — Jackson

$3.226 — Logan

$3.533 — Marietta

$3.339 — Portsmouth

$3.350 — Steubenville

$3.363 — Washington Court House

$3.481 — Waverly

Trend analysis:

The national average for a gallon of gasoline has remained steady over the past week at $3.44. Demand has been slowly building but is still behind 2023 levels. This, coupled with increasing supplies, has helped to stabilize pump prices. Today’s national average is 16 cents lower than a month ago and 13 cents less than a year ago.

At the close of Thursday’s formal trading session, West Texas Intermediate rose by 60 cents to settle at $82.17 a barrel. The EIA reports that crude oil inventories decreased by 2.5 million barrels from the previous week. Lower crude inventories and geopolitical tensions around the globe are contributing to higher crude prices.

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

Submitted by AAA East Central