Gas prices spike after gradual fall


Gasoline prices throughout southwest Ohio shot up 30 cents or more per gallon on Monday in sharp contrast to the gradual drop in prices over the past week.

Prices at many area stations rose to nearly $3.90 a gallon, boosting the average price in the area to $3.67 for a gallon of regular-grade gas, according to DaytonGasPrices.com, a website that uses spotters to monitor nearly 400 service stations throughout this part of the state. The average price Sunday was $3.59 a gallon.

As of 3:30 p.m. Monday, most area stations were charging between $3.35 and $3.89 a gallon, according to the website.

GasBuddy.com, the parent organization of DaytonGasPrices.com, reported Monday morning before the spike that the average price in the area had fallen 8.7 cents per gallon in the past week. This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.69.

Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said Monday that prices could be volatile “mainly in the Great Lakes states where prices may again be poised to rise in the next couple of days as wholesale prices reverberate as refineries continue their maintenance schedules and the progressive switch over to summer gasoline continues.”

A year ago, prices were about 15 cents per gallon higher here and nationally.

California had the nation’s average gas price on Monday at $4.12. Wyoming had the lowest at $3.31 per gallon, according to AAA.


Reader Comments ...


Next Up in Business

Clark State to shows businesses how they can use 3D printing
Clark State to shows businesses how they can use 3D printing

Clark State Community College and several partners will host a conference next week to show area firms how additive manufacturing can improve their business and profitability. The conference, scheduled for Thursday, Aug. 24, will focus on trends and best practices in the technology. It will include a panel discussion and a keynote address from Greg...
Custom-built home for sale in Liberty Twp. for $1.8M
Custom-built home for sale in Liberty Twp. for $1.8M

A custom-built home is for sale for nearly $1.9 million in Liberty Twp. The seven-bedroom home, located at 6385 Coach House Way in Liberty Twp., has more than 10,000 square feet of living space and seven bedrooms. It is listed by Berkshire Hathaway HomeServices Professional Realty. » INSIDE LOOK: $1.7M home with indoor pool for sale in Washington...
Navistar, local leaders push others to buy trucks made in Springfield
Navistar, local leaders push others to buy trucks made in Springfield

Members of the UAW Local 402 and Chamber of Greater Springfield are increasingly working with area businesses as part of a two-year effort to encourage them to buy Navistar products made in Springfield. The chamber and UAW started out more than a year ago with a mailing campaign to more than 600 townships, villages cities and other government entities...
Tips for buying items at local festivals
Tips for buying items at local festivals

Late summer and fall is the prime time for festivals in the Miami Valley. Many of these offer bourbon chicken, lemon shake-ups, Ferris wheels and an overwhelming number of vendors. If you’d like to purchase beautiful handcrafted goods and other items at these events, Better Business Bureau wants you to consider these tips: ...
Quality available at thrift stores and community colleges
Quality available at thrift stores and community colleges

Don’t let your love of fashionable footwear break the bank! Here’s how to get gently used Michael Kors, Casadei and Burberry for outrageously low prices. Next time you need a pair of shoes for a night out on the town, you’d be wise to visit your local thrift store. At a recent check to a metro Atlanta area thrift store, we found some...
More Stories