TOLEDO, Ohio — Gas prices in the Toledo-area went down 12 cents over the last week.
A gallon of gas costs, on average, $3.41 in Toledo as of Monday, according to a GasBuddy survey of 315 gas stations. The price is also now 21.6 cents higher than it was a month ago.
The GasBuddy survey found the cheapest station in Toledo was priced at $3.23/gallon, while the most expensive was $3.60/gallon. Statewide, the range was $2.39/gallon to $3.99/gallon from least expensive to most expensive.
Nationally, Toledo gas prices are below the rest of the country. In a survey of 150,000 gas stations across the U.S. the average price of a gallon of gas was $3.60, a figure that has increased 14 cents from a month ago, according to GasBuddy.
The national average price of diesel dropped 1 cent in the last week and stands at $4.01/gallon.
The average price of a gallon of gas in Toledo on April 15, 2024 is the second highest it has been on this date since 2020:
- April 15, 2023: $3.61/g (U.S. Average: $3.66/g)
- April 15, 2022: $3.78/g (U.S. Average: $4.07/g)
- April 15, 2021: $2.73/g (U.S. Average: $2.86/g)
- April 15, 2020: $1.35/g (U.S. Average: $1.81/g)
"With Iran's attack on Israel over the weekend, the stakes couldn't have been higher for a major potential impact on oil and gasoline prices. With the attacks largely thrawted and mostly unsuccessful, and with Iran signaling that their attack will be the end of their response, the risk to crude oil has diminished, and the situation is thankfully likely to de-escalate going forward," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"If Israel, which has promised to respond with further attacks, indeed does press on, it could certainly still push oil prices higher. However, motorists can expect other factors to influence what they're paying at the pump. Motorists in the mid-Atlantic and Northeastern U.S. will soon see a spike in prices as they make the leap to summer gasoline— as much as 20-50 cents per gallon higher in nearly a dozen states. On the West Coast, price increases should finally slow, but the national average will likely climb again in the coming week."
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