Business & Tech

Gas Prices Fall Slightly In Ohio

Following a post-holiday spike, drivers are now paying a little less at the pumps.

CLEVELAND, OH — Gas prices are dropping slightly in the Buckeye State, according to travel organization AAA. The average cost of a gallon of regular gas has dipped about 9 cents, falling from $2.24 to $2.15. Fuel prices have been unseasonably low most of the summer.

“Gas prices are still at some of the cheapest prices we’ve seen this year, but consumers should take advantage of them while they can,” said Jeanette Casselano, AAA spokesperson in a statement. “This week, drivers in 31 states are paying more than last week for a gallon of gas. And we expect to see slight price increases throughout July, so now’s the time to hit the road.”

Following the July 4th holiday, gas prices jumped 16 cents in Ohio, going from $2.08 to $2.24 for a gallon of regular gas. That was one of the largest single-week increases in the nation. Now, prices appear to be leveling out in Ohio.

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A gallon of regular gas still costs slightly more than it did a month ago, when drivers were paying $2.14 at the pump. However, a year ago, drivers were paying $2.19 to refuel.

In the Cleveland-Akron-Lorain area, that AAA tracks, gas prices are even lower than the state average. A gallon of regular will cost drivers, on average, $2.13 in the region. That's down from $2.16 a week ago, and $2.16 a month ago.

Find out what's happening in Clevelandfor free with the latest updates from Patch.

Enjoy the prices while you can, though. AAA is predicting a steady increase in fuel demand, which means a steady increase in gas prices. Last week, stockpiles fell in the Great Lakes region by 1.2 million bbl, indicating an increase in regional demand, the travel organization says.

For more information on gas prices, visit AAA's website.

Photo from Shutterstock

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