TOLEDO, Ohio — Gas prices in Toledo increased last week for the second week in a row.
The average price in the city stands at $3.73 a gallon, according to GasBuddy's daily survey of 315 stations in the city. This is an increase of 7.6 cents from last week.
Prices are 10 cents higher than a month ago and 62.6 cents higher than a year ago. The cheapest station in Toledo was priced Sunday at $3.35, while the most expensive was $3.99.
Priced locally jumped 24 cents a gallon a week ago following the fatal BP Toledo Refinery fire. The refinery remains offline.
The national average increased 11.1 cents a gallon last week to $3.78. The average cost of diesel fuel dropped 2.9 cents to $4.86.
"With gas prices continuing to surge on the West Coast and Great Lakes, the national average saw its second straight weekly rise. But at the same time, areas of the Northeast and Gulf Coast have continued to see declines as the the nation experiences sharp differences in trends between regions," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Some West Coast states saw prices rise 35 to 55 cents per gallon in the last week as refinery issues continued to impact gasoline supply, which fell to its lowest level in a decade in the region, causing prices to skyrocket. While I'm hopeful there will eventually be relief, prices could go a bit higher before cooling off. In addition, OPEC could decide to cut oil production by a million barrels as the global economy slows down, potentially creating a catalyst that could push gas prices up further."
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