Gas prices up throughout region

Average retail gasoline prices have remained relatively steady over the past week, rising by less than a cent per gallon to $3.44 per gallon Monday.

One week ago, the average throughout the region was $3.36 per gallon. The national average has increased 1.1 cents per gallon in the last week to $3.34 per gallon.

In Cincinnati, average retail gasoline prices rose 17.2 cents per gallon in the past week, averaging $3.51 per gallon yesterday, according to CincyGasPrices.com.

Cincinnati gas prices yesterday were 54 cents per gallon higher than the same day one year ago and 40.2 cents per gallon higher than a month ago.

“Gasoline prices have slowed their rise in the last week as oil prices have temporarily stabilized,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “I’m sure this leveling off in retail price won’t last terribly long as tension mounts with Iran. I still expect 2012 to be a nasty year for the typical motorist, which is what our recently released 2012 gasoline price outlook also states,” DeHaan said.

Early Monday morning, the lowest area gas price reported in Dayton was $3.18 per gallon at several gas stations in Xenia and Beavercreek, according to DaytonGasPrices.com. The highest reported gas price was 3.57 per gallon in Springfield and Troy, according to DaytonGasPrices.com.

In Cincinnati, the lowest area gas price reported was at $3.23 per gallon at several gas stations in Loveland. The highest reported gas price was $3.69 per gallon in St. Bernard, according to CincyGasPrices.com.

About the Author