“This is one of the larger swings that I can remember,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.com, the parent of various gas price-monitoring websites throughout the nation, including southwest Ohio.
Prices in the Dayton area on Tuesday ranged from $3.06 to $3.59 a gallon. In the Cincinnati metro area, the average price was $3.54 a gallon, with prices ranging from $3.24 to $3.89 a gallon, according to DaytonGasPrices.com and CincyGasPrices.com.
DeHaan attributed the drop to maintenance work being completed at a major ExxonMobil refinery in Joliet, Ill. Consumers also cut their gas consumption when prices were higher, and oil prices have fallen a bit since early June, he said.
Prices could rebound a bit next week ahead of the holiday, but DeHaan does not foresee a significant increase.
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