AAA: Ohio Gas Dips Another 8 Cents

By: Associated Press
By: Associated Press

Columbus, Ohio (AP) -- Ohio gasoline prices are down for the second straight week, in a change from last year when prices rose to an all-time high for the Fourth of July.

The latest survey from auto club AAA, the Oil Price Information Service and Wright Express puts the statewide average for regular at $2.64 per gallon, down 8 cents from last Monday.

Last year at this time, regular was averaging $4.02 in Ohio. The statewide average peaked at a record $4.05 a gallon on July 3, 2008.

Typically, gas prices decline about 10 percent -- 25 or 30 cents a gallon -- through the rest of the summer.

But analyst Tom Kloza with the oil price information service worries that violence in Iran and Nigeria could affect oil production in those countries and drive prices higher.

(Copyright 2009 by the Associated Press. All rights reserved.)

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