Business life: My finance news blog

Gas prices soar as oil prices retreat

Gas prices are soaring again, with local prices at the pump jumping 5 cents overnight in the Dayton area. In Ohio, all major cities saw gas prices climb Friday, with Cincinnati and Toledo seeing the largest increases with jumps of 6 cents per gallon each.

The statewide average price of gas was $1.83 on Friday, up from $1.80 a month ago, according to the AAA daily fuel gauge report.

Oil prices are declining, however, after a trending upward recently. Crude oil closed at $44.76 Friday, down $1.10, according to Yahoo! Finance. However, the closing price Friday was still well above recent levels in the upper $30s.

In Dayton, the average price of regular gas was $1.82, up 5 cents overnight, and up 4 cents from a month ago. However, that is tied with Toledo for the lowest price in the state.

A year ago, the price of regular gas in the Dayton area was $3 low interest personal loan.13 per gallon.

Premium gas prices also rose overnight statewide and locally as well. A gallon of premium gas in the Dayton area averages $2.02, up 7 cents overnight, but just up a penny from last month. The average local price of premium gas one year ago in Dayton was $3.46 per gallon.

Diesel prices locally remained the same overnight at $2.16 per gallon, but are down 9 cents from an average price of $2.27 a month ago. One year ago the average price of diesel fuel in Dayton was $3.61 per gallon.

In Ohio, Akron, Canton and Cleveland have the highest average gas price at about $1.84 each. Cincinnati and Columbus both have average prices of $1.83 per gallon.

Nationwide, gas is most expensive in Alaska at $2.51 and cheapest in Missouri at $1.67.

Source

Dieser Beitrag wurde am Sunday, 01. March 2009 um 17:02 Uhr veröffentlicht und wurde unter der Kategorie online abgelegt. Du kannst die Kommentare zu diesen Eintrag durch den RSS-Feed verfolgen.

« Decision to close Loretto ‘remains firm’ – Bay Street: Bank set to chop rates »

No Comments

No comments yet.

Sorry, the comment form is closed at this time.

 

Powered by WordPress -- XHTML 1.0