×

Consumers see jump in prices at gas pump

WARREN – Local gas prices have jumped more than 20 cents from where they were a month ago, according to AAA auto club.

AAA on Monday reported that the average price for a gallon of regular gasoline in the Warren-Youngstown area was $1.86 versus $1.62 the same time last month, but still less expensive than a year ago when area consumers paid $2.33. The average price-at-the-pump did not change from a week ago when regular gas was $1.86 a gallon at area fueling stations.

Meanwhile, Ohio’s average price for regular gas going into the work week also climbed more than 20 cents from the state average this time last month.

The price per gallon in Ohio was about $1.92 in Monday’s survey from auto club AAA, the Oil Price Information Service and WEX Inc. That’s up 22 cents from the state average of around $1.70 a month ago, but less than Monday’s average national price of around $1.98.

Similar to local prices, both state and national average costs on Monday remained lower compared with a year ago. Ohioans were paying an average of about $2.35 this time last year, while the national average was about $2.42.

Gas prices have increased recently partly because of a decline in gasoline supplies, relatively strong demand and continued refinery maintenance, AAA reported.

Additionally, analysts said U.S. average gas prices could soon climb above $2 per gallon for first time this year.

business@tribtoday.com

NEWSLETTER

Today's breaking news and more in your inbox

I'm interested in (please check all that apply)
Are you a paying subscriber to the newspaper? *
     

Starting at $4.85/week.

Subscribe Today