COLUMBUS, Ohio (WCMH) – A drop in gas prices for the fourth consecutive week has reached a total decline of just over 40 cents per gallon over the past month.
After prices dropped over the previous three weeks, Columbus gas prices took another tumble, this time by 16.1 cents per gallon, reaching a one-month total decline of 41 cents per gallon. According to GasBuddy’s survey of 500 stations the average price for a gallon of gasoline in the Columbus area is $3.12.
The current price is also 42.5 cents lower per gallon than this time one year ago. In Ohio, the average price of gas also significantly dropped, from $3.24 per gallon to $3.05 per gallon.
The cheapest gas station in the Columbus area was priced at $2.73 a gallon, while the most expensive was $3.39, a difference of 66 cents per gallon.
Nationally, gas prices also experienced a drop of 7.2 cents per gallon to reach $3.22, while the price of diesel continues to hit new lows since January 2022, settling at $3.62 per gallon.
According to GasBuddy’s head of petroleum analysis Patrick De Haan, prices could continue to fade now that the summer season is officially over.
“With oil prices falling below $70 per barrel, their lowest since 2021, there’s solid room for gas prices and diesel to continue falling for some time,” De Haan said. “We expect the national average could fall below $3 per gallon as early as October for the first time since 2021.”
