Last updated: August 27. 2014 2:59PM - 29 Views

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South Central Ohio gas prices fell about seven cents a gallon to $3.44, according to AAA East Central’s Fuel Gauge Report.


AAA East Central surveys more than 211 gas stations in South Central Ohio on a weekly basis. It says the cheapest gas was in East Liverpool at $3.31 a gallon for regular unleaded and the most expensive gas was in Athens at $3.60.


Over the past eight days, prices at the pump have declined in the majority of states, with drivers in Ohio (-11 cents), Michigan (-10 cents) and Indiana (-9 cents) saving the most per gallon. Ironically, these same three states registered the largest two-week increases in the nation last week due to refinery issues at several facilities that serve the Great Lakes region. Price volatility is nothing new for Midwestern drivers, as their state averages are consistently among the most volatile in the country.


This week’s South Central Ohio average price:


$ 3.442


Average price during the week of Aug. 12, 2014:


$ 3.509


Average price during the week of Aug. 19, 2013:


$ 3.484


On the National Front


With approximately one month remaining before the start of the shift from more expensive summer blend gasoline to the relatively less expensive winter blend on Sept. 15, the national average price for regular unleaded gasoline continues to drift lower and currently sits at $3.46 per gallon.


Geopolitical tensions remain in Russia, Ukraine and Iraq but these tensions have had little impact as global oil prices continue to slide. Global supply projections are relatively stable and attributed to the U.S. approaching its highest annual level of oil production since 1972 and Libya’s return to previous production levels. The price of West Texas Intermediate (WTI) settled 94 cents lower at $96.41 per barrel at the close of formal trading Monday. WTI had reached a six-month low of $95.58 per barrel last Thursday.


The following is a list of the average price of unleaded self-serve gasoline in various areas:


$3.598


Athens


$3.410


Chillicothe


$3.473


Columbiana


$3.309


East Liverpool


$3.401


Gallipolis


$3.367


Hillsboro


$3.420


Ironton


$3.459


Jackson


$3.467


Logan


$3.464


Marietta


$3.464


Portsmouth


$3.462


Steubenville


$3.387


Washington Court House


$3.505


Waverly


AAA East Central is a not-for-profit association with 81 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.7 million members.

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