TOLEDO, Ohio — Editor's note: The video attached at the top is from a recent Verify about saving money on gas and is not directly apart of the story.
Gas prices in the Toledo-area rose 15 cents in the last week.
A gallon of gas costs, on average, $3.16 in Toledo as of Monday, according to a GasBuddy survey of 315 gas stations in Toledo. The price is also now 32.5 cents higher than it was a month ago.
The GasBuddy survey found the cheapest station in Toledo was priced at $2.94/gallon, while the most expensive was $3.29/gallon. Statewide, the range was $2.69/gallon to $3.69/gallon from least expensive to most expensive.
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 $3.17, a figure that continues to see consistent lowering, according to GasBuddy.
The average price of a gallon of gas in Toledo for Feb. 12 is the second highest it has been on this date since 2021:
- Feb. 12, 2023: $3.15/gallon (U.S. average: $3.37)
- Feb. 12, 2022: $3.21/gallon (U.S. average: $3.48)
- Feb. 12, 2021: $2.45/gallon (U.S. average: $2.49)
"We've seen the national average price of gasoline inching higher now for three straight weeks, but I'm afraid the worst is yet to come. With several major refinery issues persisting across various regions, the eventual transition to summer gasoline is likely to continue to put upward pressure on prices, with larger weekly increases likely coming in March and April," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"While I feel optimistic that the rise in prices will be merely average, the fact that we've already seen a few high level refinery problems doesn't bode well for the spring squeeze, and is a reminder to motorists that without the critical role that refineries play, we could see a bumpy transition to EPA-mandated summer gasoline."
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