Gas prices falling in the Miami Valley as oil prices drop amid coronavirus fears

Credit: DaytonDailyNews

Gas prices have dropped across the Miami Valley with several stations selling gas for under $2 for a gallon of regular unleaded.

Related: WHIO.com's Pump Patrol Page

The Thorton’s in Springboro was selling gas for $1.93 a gallon Monday morning.

The average price for gas in the Dayton area is $2.18, down from $2.38 one week ago, according to GasBuddy.com.

The price of oil is falling as additional cases of coronavirus are announced.

“There are entire cities, and in some cases regions, that are in a lockdown. When you begin to have a lockdown, people work from home, factories shut down, people don’t travel. The impact on oil is very, very bad,” said

Claudio Galimberti, head of demand, refining and agriculture at S&P Global Platts.

>> Oil prices fall as coronavirus spreads outside China

Prices are down 20 cents from the average this time last year.

According to WHIO’s Pump Patrol, the lowest price for gas in the area is at Murphy USA in Franklin, where the price for unleaded gas is $1.92 a gallon.

The Associated Press contributed to this story.

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