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Gas prices down 11 cents a gallon in Toledo

Prices are 12.7 cents lower than a month ago ad 55.9 cents higher than a year ago.

TOLEDO, Ohio — Gas prices came down a bit last week in Toledo after a significant increase during the previous week.

The average price for a gallon of gas went down 11.6 cents to $3.76, according to GasBuddy's daily survey of 315 stations in the city. Prices are 12.7 cents lower than a month ago ad 55.9 cents higher than a year ago.

Prices jumped over 20 cents a gallon during the week of Nov. 1.

The cheapest station in Toledo was priced Sunday at $3.51 and the most expensive was $3.99.

The national average dropped 2.6 cents last week to $3.76. The national average for diesel fuel went up 2.3 cents to $5.34.

"After rising the week prior, the national average has changed directions again, posting a modest weekly decline with prices dropping in a majority of states. The decline has been partly driven by Great Lakes states, where prices fell by 15-25 cents per gallon due to an improvement in the refining situation, and also oil prices, which fell back under $90 per barrel last week," said Patrick De Haan, head of petroleum analysis at GasBuddy. "With oil prices remaining volatile, the outlook is murky, but I'm hopeful in the lead up to Thanksgiving we'll see prices declining in more states, while others may not be quite as lucky. Regardless, we'll still be seeing the most expensive Thanksgiving Day prices on record."

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