Ohio gas prices inch up, national average drops
Posted: 06/11/2012
COLUMBUS, Ohio (AP) - Ohio gas prices are hovering well under $4 as signs of economic weakness in the United States and elsewhere have pushed the price of oil toward its lowest level since last fall.
The average price for a gallon of regular gas in Ohio is about $3.58 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's up 2 cents from a week ago but below the average of $3.71 at this time last year.
Higher production contributed to lower oil prices. Recent reports of weak job growth in the U.S., a deepening financial crisis in Spain and slowing growth in China also rattled markets.
Nationally, the average price for regular gas is $3.54, down about a nickel from last week.
For the latest gas prices around the Tri-State go to http://www.wcpo.com/subindex/traffic/gas_prices to use our interactive map.
To download money-saving gas apps go to http://www.wcpo.com/dpp/news/science_tech/money-saving-gas-apps .
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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