Gas prices unchanged in Lima region

By John Bush - [email protected]

LIMA — Gas prices in the Lima region did not change within the last week, according to prices reported to

The average price for a gallon of regular unleaded gas was $2.09 Monday morning, the same as last week’s average. Though gas prices were unchanged from last week, Monday’s average was up 11 cents from last month’s average of $1.98. However, it is still down 35 cents from last year’s average of $2.44.

The lowest average prices in the region were in Putnam and Hardin counties, at $2.04, followed by Hancock ($2.05), Shelby ($2.06), Van Wert ($2.06), Allen ($2.09), Auglaize ($2.11), Mercer ($2.11) and Logan ($2.11) counties.

Gas prices in Ohio have risen 8.2 cents per gallon in the past week, averaging $2.15 Sunday, according to GasBuddy’s daily survey of 5,345 gas outlets in Ohio. This compares with the national average that has fallen 0.5 cents per gallon in the last week to $2.12.

Including the change in gas prices in Ohio during the past week, prices Sunday were 28 cents per gallon lower than the same day one year ago and are 3.5 cents higher than a month ago. The national average has decreased 12.1 cents per gallon during the last month, and stands 47.8 cents lower than this day one year ago.

“Government EIA data last week showed a sizable draw on gasoline inventory followed by a strong jobs report, with new jobs for July reaching 255,000,” said Gregg Laskoski, senior petroleum analyst for GasBuddy. “Consequently, WTI crude oil ended the week nearly $3 higher than where it began.”

Laskoski added, “While that may create a brief pause early this week in the decline of retail gasoline, we expect that the prevailing price trend (incremental decline) will resume shortly, barring any additional refinery problems in the midwest, or, potential Atlantic hurricane activity.”

By John Bush

[email protected]

Reach John Bush at 567-242-0456 or on Twitter @bush_lima.

Reach John Bush at 567-242-0456 or on Twitter @bush_lima.

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