Gas prices up in area but down across state

Tribune Chronicle

WARREN — Area gas prices continued climbing Monday over where they were this time last year and consumers can expect the upward trend to persist.

However, drivers across the state saw a week-over-week drop in the average cost of a regular gallon of gasoline.

The price of a regular gallon of gasoline, on average, in the Warren-Youngstown area was $2.25 – up 3 cents from the $2.22 it was the same day last week, according to national auto club AAA. That compares with $2.16 a month ago and $2.09 this time last year.

Meanwhile, Ohio, down 7 cents Monday, was among the nation’s top 10 markets with the largest weekly change, AAA leaders said.

The average price for a regular gallon of gasoline in the state was $2.25, down from $2.31 the same day last week, but up from $2.23 last month and $2.16 around the same time last year.

Other markets with the largest weekly changes included Missouri, up 9 cents; Iowa, up 8 cents; Indiana, down 8 cents; Nebraska, North Dakota, Texas, South Carolina and Alabama, up 7 cents; and Michigan, down 7 cents.

Monday’s national average price for regular unleaded gasoline was $2.35 a gallon, 3 cents more than last week when it was $2.32, up 9 cents from last month’s $2.26, and 23 cents more than it was the same time last year at $2.12.

The latest Energy Information Administration (EIA) report showed gasoline demand reached a new weekly record of 9.842 million barrels a day.

The 2017 demand average over the past four weeks is about 1 percent ahead of the same four-week period last year. With summer demand running full steam ahead, drivers can expect prices to continue rising, the auto club reported.

business@tribtoday.com

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