TOLEDO, Ohio — Editor's note: The video attached at the top is from a recent Verify explaining if fuel efficiency is worse with E15 gasoline and is not directly apart of the story.
Gas prices in the Toledo-area increased neary 21 cents in the last week.
A gallon of gas costs, on average, $3.37 in Toledo as of Monday, according to a GasBuddy survey of 315 gas stations in Toledo. The price is also now 36 cents higher than it was a month ago.
The GasBuddy survey found the cheapest station in Toledo was priced at $2.85/gallon, while the most expensive was $3.49/gallon. Statewide, the range was $2.49/gallon to $4.45/gallon from least expensive to most expensive.
The national average price of diesel has fallen 2.7 cents in the last week and stands at $4.03/gallon.
Nationally, Toledo gas prices are similar to the rest of the country. In a survey of 150,000 gas stations cross the U.S., the average price of a gallon of gas was $3.34, a figure that has seen consistent lowering in the past year, according to GasBuddy.
The average price of a gallon of gas in Toledo for March 4 is the second highest it has been on this date since 2021:
- March 4, 2023: $3.27/gallon (national average: $3.37)
- March 4, 2022: $3.77/gallon (national average: $3.92)
- March 4, 2021: $2.65/gallon (national average: $2.75)
"A majority of the nation's 50 states have seen gasoline prices rise, with the national average posting a gain for the second straight week, a trend that is hardly susprising for this time of year, and will likely continue as the entire nation has now made the first step toward summer gasoline," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"The pinch at the pump has been manageable for now, with prices about 30 cents higher than mid-January, but that will likely change as we enter the madness we tend to see in March with refinery maintenance hitting its peak, impacting how much gasoline can be produced as we make the changeover to the summer blends. This always crimps supply, leading to further gas price increases."
MORE ON WTOL: