Columbus area gas prices down from a week earlier

COLUMBUS, Ohio (WTVN) -- Drivers in central Ohio are paying about 3 cents a gallon less for gasoline than they did a week earlier.

According to GasBuddy.com's daily survey of 500 gas outlets in Columbus, the average price for a gallon of unleaded regular was $2.08 Monday morning.  A week ago, drivers were paying $2.11 a gallon.

Ohio's average is actually higher than a week ago.  AAA's Daily Fuel Gauge Report has the state's average price for gasoline at $2.07, compared to $2.02 a week earlier.

"Gasoline prices nationally have continued their typical seasonal trajectory lower,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com. 

"Gasoline inventories have continued to show impressive gains lately, limiting the effects of rising oil prices on gasoline prices for the time being. While the majority of states saw average gasoline prices decline, thirteen saw prices advancing, especially in the Great Lakes- thanks to the region's price cycling mechanisms, DeHaan said. 

DeHaan thinks prices will continue to remain relatively low during the next week. But he says, "Wednesday's weekly report from the Energy Information Administration will be a major key to understand when the bulk of refinery season has begun and what impact that will have on gasoline inventories."

(Photo courtesy Getty Images)


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