TOLEDO, Ohio — Gas prices in Toledo are still dropping, but barely.
The average price for a gallon of gas in the Glass City decreased 2.4 cents last week to $3.12, according to GasBuddy's daily survey of 315 stations in the city. That price is 29.7 cents lower than a month ago and 17 cents lower than a year ago.
The cheapest station in Toledo was priced Sunday at $2.88 a gallon, while the most expensive was priced at $3.35.
The national average was unchanged last week and still sits at $3.37. The national average for diesel fuel fell 6.9 cents last week to $4.45.
"Motorists across many areas of the country have seen gas prices inching down for another week, while some states have moved higher. We've seen some refinery challenges in pockets of the country, while others are starting the transition to summer gasoline, weighing on prices. For diesel, the outlook remains bright with prices continuing to fall, " said Patrick De Haan, head of petroleum analysis at GasBuddy. "Oil prices have softened over the last week, helping to limit any upside at the pump, with strong economic data leading to concern that the Fed will continue to use interest rates to slow the economy. This could weaken demand as we head into the peak summer driving season. For diesel, the great news is that the most common price in the U.S. for diesel is now $3.99 per gallon, with average prices continuing to drop. In the next couple of weeks, diesel will finally flip to deflationary compared to a year ago, which is excellent news for the economy."
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