TOLEDO, Ohio — Gas prices in the Toledo area have dropped nearly 4 cents over the last week, an analyst for GasBuddy says.
A gallon of gas costs, on average, $2.77 in Toledo as of Monday, according to a GasBuddy survey of 315 gas stations. Prices at the pump are now 6 cents higher than a month ago.
The GasBuddy survey found the cheapest station in Toledo was priced at $2.48/gallon, while the most expensive was $3.15/gallon. Statewide, the range was $2.41/gallon to $3.79/gallon from least expensive to most expensive.
Nationally, Toledo gas prices are relatively lower 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 $3.01, a figure that is down 11 cents from last month, according to GasBuddy.
"Ahead of Thanksgiving, motorists continue to be teased by the prospect of a $2.99 per gallon national average, a level now seen in 32 states. But for the last few weeks, the stars just haven’t quite aligned," said Patrick De Haan, head of petroleum analysis at GasBuddy.
The national average price of diesel went down 1 cent from last week and now stands at $3.50/gallon.
Although the average price of a gallon of gas in Toledo on Nov. 25 is the lowest its been in the last three years, it's significantly higher than it was in 2020.
- Nov. 25, 2023: $3.00/g (U.S. Average: $3.24/g)
- Nov. 25, 2022: $3.56/g (U.S. Average: $3.55/g)
- Nov. 25, 2021: $3.16/g (U.S. Average: $3.38/g)
- Nov. 25, 2020: $1.87/g (U.S. Average: $2.12/g)
"As Americans prepare to hit the road for Thanksgiving, we're seeing the lowest national average price of gasoline since 2021, with a far better economic picture than when gas prices were last this low," said De Haan.
