October 1, 2014

Medina
Cloudy
66°F

Ohio gas prices bump up 2 cents from last week

COLUMBUS — Ohio gas prices are barely changed for a second straight week, while energy traders and investors remain in a wait-and-see mode.

Analysts say markets are waiting to find out what voters do in Tuesday’s general election and what the Federal Reserve does when it meets to review the economy this week.

The latest survey from auto club AAA, the Oil Price Information Service and Wright Express shows Ohio’s average price for regular-grade gasoline has edged up to about $2.80 a gallon, 2 cents higher than last Monday.

Last week’s average was down just a penny from the previous week.

In Medina, the most reasonable rate per gallon of gas was listed this morning at $2.69 at the Valero station, 245 Lafayette Road, according to OhioGasPrices.com. Statewide, the cheapest price was at Mobil and Speedway stations in Hilliard at $2.54 a gallon, while the most expensive was a Marathon, $3.05, in Cuyahoga Falls.

Ohio prices are about in line with the current national average. Last year at this time, the state’s motorists paid $2.67 for a gallon of regular, on average.

The (Medina) Gazette contributed information to this report.