Gas Prices Down To Lowest Levels Since Last Winter

By
Associated Press

Dateline
Updated Mon, Nov 28, 2011 7:59 am

Sliding prices at the gas pump are now at the lowest levels Ohio motorists have seen since last winter.

A daily survey from auto club AAA, the Oil Price Information Service and Wright Express on Monday showed the statewide average price for regular gasoline was $3.12 a gallon, down 11 cents from the average $3.23 a week ago.

Ohio prices have fallen 25 percent, or by more than a dollar, since regular hit an all-time high of about $4.16 in early May. The state's current pump prices are the cheapest since February.

Prices have been coming down because demand for gas has been falling in the U.S. for the past several months.

It began to drop sharply amid the price spikes seen last winter and spring.

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