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BucyrusOnline.com | ||
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Ohio gasoline prices are soaring as oil prices hit new record highs.
The Daily Fuel Gauge Report from AAA and the Oil Price Information Service shows regular-grade gas is now averaging about $3.25 a gallon around the state, up a steep 18 cents from last Monday. A year ago, Ohio motorists were paying about $2.52 per gallon. The current national average price for regular is a little over $3.22, just a half-cent below last May's all-time high. Crude oil set a record at $106.54 per barrel on Friday. Analysts blame high crude and gasoline prices on the weak dollar, a drop in U.S. oil inventories and OPEC's decision last week to hold output steady rather than increase it. | ||
| BucyrusOnline.com |