TOLEDO, Ohio — Editor's note: The above video initially aired Oct. 27, 2023, as part of an unrelated report.
Gas prices in Toledo have fallen 10 cents in the last week, according to a GasBuddy survey of 315 gas stations in Toledo.
Prices in Toledo are 32 cents lower than a month ago and stands 53 cents lower than a year ago. The cheapest gas station in Toledo was priced at $2.83, while the most expensive was priced at $3.29, a difference of 46 cents per gallon.
The overall national average is down 36 cents from a month ago and stands 27.4 cents lower than a year ago, according to GasBuddy data. The average price for diesel has dropped 3.4 cents in the last week and now stands at $4.43.
$2.99 gasoline is making a comeback at tens of thousands of stations across the U.S., which is a huge treat for drivers this Halloween. The national average price of gas now stands at its lowest since March 28, and is projected to drop another 10 to 20 cents by the end of the year.
"Average gasoline prices have fallen for a sixth straight week in nearly every state, with the national average now at its lowest level since March," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"The West Coast has been home to some of the largest declines, with California seeing an impressive 80-cent drop in the last four weeks, dispelling the myth that prices don't fall as fast as they go up. For now, I believe we could see a further 10-20 cent drop in the national average in the weeks ahead, but any jolt in the delicate Middle East still holds the potential to disrupt the drop we're seeing."
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