TOLEDO, Ohio — Gas prices in Toledo are over 65 cents a gallon lower than they were a month ago.
The average price dropped another 19.8 cents a gallon last week to $3.00, according to GasBuddy's daily survey of 315 stations in the Glass City. This continues the downward trend the region has experienced for the past several weeks.
The $3.00 average is 65.5 cents lower than a month ago and 5.6 cents lower than a year ago. The cheapest station in Toledo was priced Sunday at $2.69, while the most expensive was $3.42.
The national average fell 11.9 cents a gallon last week to a price of $3.09. The national average for diesel fuel dropped 14.1 cents to $4.77.
"The national average for a gallon of gasoline is down nearly $2 compared to six months ago, and heading into Christmas travel week, is at its lowest in a year and a half, saving Americans some $750 million every day," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While the decline should take the national average under $3 per gallon in the next week or so, it is soon likely to fade as oil prices have held in the $70 per barrel range. But while the declines for gasoline may fade, diesel prices still have considerable ground to cover, and could fall another 50 cents or more in the weeks ahead. Fuel prices across the board have been plunging back into territory more Americans feel is normal, which could certainly boost economic sentiment going forward."
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