Analyst: Gas prices in the Miami Valley likely to remain under $2 through holidays

Gas prices for regular unleaded are likely to remain under $2 a gallon through the holidays, petroleum industry analysts said.

Regular unleaded is being sold for under $2 at multiple gas stations in Springfield and a few in southern Montgomery County as of Wednesday night.

Explore>> Area gas prices drop below $2 again

Even at a BP on Wilmington Avenue in Dayton, where the price was $2.07 a gallon, customers were all smiles.

"I think it's a fantastic price considering they've been over three and four dollars a gallon," said Don Schweitzer, of West Carrollton, told News Center 7 Consumer Reporter Rachel Murray.

Dan McTeague, a petroleum analyst with GasBuddy.com, said, "we've seen prices drop almost thirty cents a gallon in one month and everything to do with crude prices have collapsed by some 30 percent."

Crude was being sold per barrel in the $76 range. Today, the price is barely holding at $51, he said.

This time a year ago, some analysts were predicting $100 a barrel.

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McTeague said prices could fall lower -- by four or five cents a gallon -- leading up to New Year's Day.

Wednesday evening, the lowest price for regular is $1.84 at the Amoco on South Limestone Street in Springfield.

Visit Pump Patrol on whio.com to check gasoline prices in the region.

It’s another round of positive sticker shock at gas pumps in the Miami Valley.

There are several filling stations now selling gas for under two bucks a gallon, according to daytongasprices.com.

The lowest price in the Dayton area as of  6:45 p.m. was at Sam’s Club on Miller Lane in Butler Twp.

The lowest price in Centerville/Washington Twp. at 7 p.m. was $1.99 at the Costco, on Cornerstone North Boulevard and Wilmington Pike.

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