TOLEDO, Ohio — Gas prices are continuing to drop in Toledo.
The average price for a gallon of gas is $3.63, down 12.2 cents from a week ago, according to GasBuddy's daily survey of 315 stations in the city. That number is 16.2 cents lower than a month ago and 46.5 cents higher than a year ago.
The cheapest station in Toledo was priced Sunday at $3.41, while the most expensive was $4.15.
The national average fell 11.9 cents a gallon last week to $3.64. The average price of diesel fuel dropped 6.7 cents to $5.28.
"What an incredible turnaround in the last week. While a decline was expected in more states than last week, I didn't expect every single state to hop on the bandwagon so quickly. But, it's terrific news as motorists prepare for Thanksgiving travel, with tens of thousands of stations under $3 per gallon, and thousands more to join in the next few weeks, barring a dramatic turnaround," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Everyone will be seeing relief at the pump this week, with even more substantial declines on the way as oil prices plummeted last week to briefly trade under $80 per barrel. It's not impossible that if oil markets hold here, we could see a national average of $2.99 around Christmas, certainly the gift that every motorist is hoping for. Drivers shouldn't be in a rush to fill up as prices will come down nearly coast-to-coast into the heavily traveled Thanksgiving holiday."
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