x
Breaking News
More () »

Gas prices up 20 cents a gallon in northwest Ohio

The average price increased 20.6 cents last week to $4.06.

TOLEDO, Ohio — Gas prices are surging again in northwest Ohio.

Prices increased 20.6 cents a gallon last week in Toledo, according to GasBuddy's daily survey of 315 stations in the city. The average price of $4.06 is 16.3 cents higher than a month ago and $1.21 higher than a year ago.

The cheapest station in Toledo was priced at $3.93 and the most expensive was $4.27.

Prices went up about 12 cents a gallon the previous week.

The national average rose 13.6 cents a gallon last week for an average of $4.31. The national average for diesel fuel went up 22.6 cents to $5.51.

“Gasoline and diesel prices alike saw strong upward momentum last week as oil prices continued to climb after the EU signaled its desire to sanction Russian oil. In addition, U.S. petroleum inventories saw yet another weekly decline as we near the start of summer driving season," said Patrick De Haan, head of petroleum analysis at GasBuddy. "Not only are diesel prices at a record high, they are at their largest differential to gasoline on record, surpassing the 98-cent difference in 2008 and currently standing at a $1.20 per gallon premium. While motorists filling with gasoline have seen a slight rise in prices, diesel's surge will be a double whammy as diesel prices will soon be passed along to retail channels, further pushing up the cost of goods."

Before You Leave, Check This Out