TOLEDO, Ohio — Gas prices in Toledo are down slightly over the past week, the first decrease in several weeks.
The average price for a gallon of gas is down 3.1 cents, according to GasBuddy's daily survey of 315 stations in Toledo. The average price of $3.08 per gallon is the same as a month ago and 99.7 cents higher than a year ago.
The cheapest gas in the city is priced at $2.92 a gallon, while the most expensive is $3.25.
The national average is $3.13.
While prices have been on the rise this summer, Head of Petroleum Analysis Patrick De Haan says we could be four to six weeks away from a seasonal decline.
"Without additional crude oil supply coming online in the weeks ahead, we could see oil test $80 per barrel in the next couple of weeks," he said. "However, with U.S. gasoline demand falling slightly last week, we may have already seen peak consumption with the July 4 holiday."
