TOLEDO, Ohio — Gas prices in the Toledo area have increased more than 8 cents over the last week, an analyst for GasBuddy says.
A gallon of gas costs, on average, $2.81 in Toledo as of Monday, according to a GasBuddy survey of 315 gas stations. Prices at the pump are about 10.8 cents lower than a month ago.
The GasBuddy survey found the cheapest station in Toledo was priced at $2.49/gallon, while the most expensive was $3.77/gallon. Statewide, the range was $2.42/gallon to $3.79/gallon from least expensive to most expensive.
Nationally, Toledo gas prices are slightly less than the rest of the country. In a survey of 150,000 gas stations across the U.S. the average price of a gallon of gas was $3.02, a figure that is down about 15 cents from last month, according to GasBuddy.
"Several states saw gas prices jump or 'cycle' last week, a behavior in which gas prices climb significantly after falling below a station's replacement price. This led the national average to see little meaningful change from last week, with many states experiencing a slow decline, offsetting the few states that did see big jumps," said Patrick De Haan, head of petroleum analysis at GasBuddy in a press release.
The national average price of diesel remains similar to last week standing at $3.51/gallon.
Although the average price of a gallon of gas in Toledo on Nov. 18 is the lowest its been in the last three years, it's significantly higher than it was in 2020.
- November 18, 2023: $3.14/g (U.S. Average: $3.30/g)
- November 18, 2022: $3.65/g (U.S. Average: $3.67/g)
- November 18, 2021: $3.19/g (U.S. Average: $3.41/g)
- November 18, 2020: $1.81/g (U.S. Average: $2.11/g)