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AAA: Gas Prices drop in Ohio even as demand increases nationwide

AAA: Gas Prices drop in Ohio even as demand increases nationwide Staff report The average price of gasoline across South Central Ohio is three cents lower this week at $2.673 per gallon, according to AAA East Central’s Gas Price Report. This week’s average prices: South Central Ohio Average: $2.673 Average price during the week of April 12, 2021 $2.709 Average price during the week of April 20, 2020 $1.522 The average price of unleaded self-serve gasoline in various areas: $2.814 Athens $2.743 Waverly Despite gasoline demand mostly increasing this month, the national gas price average has hovered steadily around $2.87. This, despite demand reaching its highest measurement in more than a year 8.9 million barrels-per-day for the week ending April 9.

AAA: Gas Prices Drop in Ohio as Prices Stabilize Nationwide

Trend Analysis: After a wild March, Americans are seeing some stability at the pump. This is thanks in part to a small decrease in demand, cheaper crude prices, and an increase in refinery utilization. Today’s national average ($2.86) is one cent cheaper on the week, but more expensive on the month (+3 cents) and year (+$1.00). 40 states’ averages either increased or decreased by a penny or had no change at all this week. At 84%, refinery utilization is at its highest measurement this year. This strong utilization rate, as measured by the Energy Information Administration (EIA), helped contribute to the addition of 4 million barrels of gasoline, pushing overall supply levels to 234.5 million barrels for the week ending April 2.

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