News

Gas Prices Bump Up Again To Start Week

By:
Posted on:

< < Back to gas-prices-bump-again-start-week

It could be worse but Ohioians are feeling the pinch of yet another double digit increase in the price of a gallon of gas this week.

As of Sunday GasBuddy's daily survey of more 5,345 gas outlets in Ohio showed a 13.8 percent increase in the cost of a gallon of gasoline.

That moved Ohio's price per gallon to $3.81 Monday morning.

That was higher than the national increase of 11.9 percent or $3.68 per gallon Sunday night, but as of Monday morning that price bumped up another four-cents to $3.73 nationally.

So how could it be worse?  You could live in California.

 "Los Angeles has climbed to $4.28 per gallon with a 55-cent average price increase in the past month, and that rate was surpassed in Chicago ($4.09 average price) and Detroit ($3.86 per gallon average), where motorists saw 63- and 64-cent respective increases over the same period. New York crossed the $4 threshhold too," said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski.

"The steady climb of retail gas prices is likely to continue following double-digit increases in wholesale prices with fuel production tightening in the majority of the country's refineries," Laskoski said.

GasBuddy operates OhioGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada