Gas prices fall 11 cents

ajc.com

DAYTON — Average retail gasoline prices in Dayton have fallen 11 cents per gallon in the past week, averaging $2.20 per gallon on Sunday, according to GasBuddy's daily survey of 391 gas outlets in Dayton.

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This compares with the national average that has increased 2.1 cents per gallon in the last week to $2.33 per gallon, according to gasoline price website GasBuddy.com.

"For the third straight week, gasoline prices have accelerated with the national average at its highest level in over eight weeks, driven by rising oil prices as inventories continue to tighten and concern over Venezuela lingers," said Patrick DeHaan, GasBuddy senior petroleum analyst. "Looking behind us however, gas prices have remained in a relatively tight range for the last year, staying within a 30 cent wide range.”

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Including the change in gas prices in Dayton during the past week, prices on Sunday were 11.2 cents per gallon lower than the same day one year ago and are 9.6 cents per gallon lower than a month ago.

The national average has increased 7.3 cents per gallon during the last month and stands 21.6 cents per gallon higher than this day one year ago.

According to GasBuddy.com, the average price for a gallon of gas in Dayton is $2.21, with prices stable. The cheapest gas, as of Monday morning, is $2.11 at Maraton located on North Dixie Drive.

In Hamilton, the average price for a gallon of gas is $2.23 with prices stable. The cheapest gas is $2.17 on Grand Boulevard.

In Springfield, the average price for a gallon of gas is $2.21, with prices staying stable. The cheapest gas is $2.14 at BP on North Limestone Street.

"While we're likely to see gas prices continuing to move higher in the week ahead as they catch up to oil, we're unlikely to break out of the well-established rut in the national average which has kept prices between $2.12 and $2.42 for the last 15 months," DeHaan said.