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Published: Monday, 7/2/2012

AAA survey shows Ohio gas prices drop further

However, analysts say dive might end soon

ASSOCIATED PRESS

COLUMBUS — A dive in Ohio gas prices has some drivers cheering, though weekend storms have closed some gas stations and left others running slowly.

The average price for a gallon of regular gas was $3.25 in Monday’s survey from auto club AAA, the Oil Price Information Service and Wright Express. That’s down 18 cents from a week ago.

The cost at this time last year was higher at $3.59.

Nationally, the average price for regular gas is about $3.33, down 8 cents from last week.

The nearly three-month decline in U.S. gas prices may be nearing an end. Oil prices soared the most in three years late last week after European leaders took surprisingly aggressive steps to halt a debt crisis that has undermined confidence in the global economy.

For the lowest gas prices in Toledo, visit toledoblade.com/gas.



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