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Gas prices in Toledo down 10.6 cents a gallon for second straight week

The average price for a gallon of gas locally is $3.66, which is about 8 cents less than a month ago.

TOLEDO, Ohio — Gas prices in Toledo are still on the decline.

The average price for a gallon of gas in the city is $3.66, down 10.6 cents from a week ago, according to GasBuddy's daily survey of 315 stations in the city. This is the second straight week prices dropped 10.6 cents and third straight week of overall decline.

Prices locally are 7.8 cents lower than a month ago and 47.6 cents higher than a year ago. The cheapest station in Toledo was priced Sunday at $3.39 and the most expensive was $3.99.

The national average dropped 4.7 cents a gallon last week to $3.72. The average for diesel fuel dropped 2.3 cents to $5.28.

"For the third consecutive week, we've seen the national average price of gasoline decline, and while it's good news for most regions with a continued drop in prices, the Northeast is bucking the trend and seeing a noticeable jump due to tight supply," said Patrick De Haan, head of petroleum analysis at GasBuddy. "The national average is closing in on the previous low from September, which was interrupted when refinery issues caused prices to skyrocket in the West and Great Lakes. With those issues addressed, the West has seen prices plummet, including a nearly 90 cent per gallon decline in California in less than a month. Compare that to the Northeast, where prices have jumped some 10-25 cents per gallon, demonstrating there's much regionality to current gasoline price trends. Add in diesel prices that remain high amidst extremely tight supply, and there's definitely some challenges that lie ahead."

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