TOLEDO, Ohio — Gas prices are still trending downward in Toledo.
The average price for a gallon of gas locally decreased 11.1 cents last week to $3.52, according to GasBuddy's daily survey of 315 stations in the city. That number is 15.3 cents lower than a month ago and 36 cents higher than a year ago.
Prices dropped 12.2 cents a gallon the week prior.
The cheapest station in Toledo was priced at $3.25 a gallon Sunday, while the most expensive was $3.79.
The national average dropped 12.4 cents last week to $3.52. The national average for diesel fuel dropped 7.9 cents to $5.20.
We could see prices dip below the $3 mark by Christmas.
"As millions of Americans hit the road for Thanksgiving, we saw gasoline prices continue dropping coast to coast last week, and a new record was set for the largest single day decline in the national average. In addition, 47 of the nation's 50 states have seen diesel prices falling as well, providing well-needed relief ahead of the holidays and helping to stem the rise in inflation," said Patrick De Haan, head of petroleum analysis at GasBuddy. "All the metrics look very positive for motorists as this week is likely to continue seeing falling gasoline prices, with many areas falling to the lowest level since Russia's invasion of Ukraine in February. It's entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas, which would be a huge gift to unwrap for motorists after a dizzying year at the pump."
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