Sticker shock for local motorists as gas prices hover near $3

The average price of gasoline in the Miami Valley is up significantly over a year ago, with many stations now charging $2.99 a gallon for regular.
As a result, many drivers are experiencing sticker shock when they fill up their tanks.

“Gas prices are kind of outrageous right now,” said Tyquan Davis-Jackson of Dayton.

Lori Wyrick of Dayton has a theory about why gas is currently high: the Memorial Day weekend.

“When you see the prices hike it’s during the holidays. So, I think the fourth of July we are going to see it hike again,” said Wyrick.

Ohioans are seeing some pain at the pump, according to AAA’s public affairs manager, Cindy Antrican.

“Today the average price in the Miami Valley region is $2.88 a gallon and that’s 60 cents higher than it was this time last year,” Antrican said.

The average price nationwide is higher at $2.96 a gallon.

So far this week oil prices dropped, and then rebounded, but they are still a few dollars cheaper than this year’s high of $80.50 a barrel.

Analysts expect crude prices will drop further, but will it translate to cheaper gas?

“We are optimistic that they will, through the first part of June, stay stable. We’ve seen some decreases in the price of crude and that’s going to help,” said Antrican.

Donye Smith has his own money saving strategy. He fills up a little bit here and there, whenever he sees lower prices.

“I might get $2.99 here in Dayton, but when I go to Kettering, I might get a lower price of $2.87.  So in the summertime I nickel and dime it so I get the best price,” said Smith, “it sucks but you’ve got to do what you’ve got to do.”

At last check the lowest price for a gallon of gas in the Miami Valley was $2.76 at the Sam’s Club on Miller Lane in Dayton, according to Daytongasprices.com.

To find the lowest prices near you got to WHIO's pump patrol. 

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