x
Breaking News
More () »

Gas prices jump over 20 cents in Toledo

The average price is 21.1 cents higher than a month ago and 22.5 cents lower than a year ago.
Credit: WTOL 11

TOLEDO, Ohio — Gas prices are trending upward after a drop two weeks ago.

The average price for a gallon of regular gas in Toledo rose 23.5 cents per gallon in the last week to $3.67, according to GasBuddy's daily survey of 315 stations in the city. That price is 21.1 cents higher than a month ago and 22.5 cents lower than a year ago.

Prices had seen brief downward movement, but are now rising.

The cheapest in Toledo Sunday was priced at $3.34, while the most expensive was priced at $3.85.

The national average rose 8.8 cents last week to $3.57, up 13 cents from a month ago. The national average for diesel fuel dropped 1.6 cents to $4.15 per gallon.

"The national average price of gasoline has continued its relatively slow climb, with 44 states seeing average gasoline prices climb over the last week. Prices are being pulled up not only due to continued increases in demand as temperatures warm, but also pressure from oil prices, which have risen over 20% in the last month, primarily driven by OPEC's surprise decision a week ago to cut oil production," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Expect the upward trend to continue through much of the rest of spring, but once the transition to summer gasoline and refinery maintenance are behind us, April and May jumps could bring June slumps. However, for diesel, the news continues to be good, with the national average price of diesel continuing to drop, now at its narrowest difference to gasoline in over 13 months."

RELATED VIDEO

Before You Leave, Check This Out