Gallon of Gas Inches Up...Again - Cleveland 19 News Cleveland, OH

Gallon of Gas Inches Up...Again

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Northeast Ohio's average price for a gallon of regular, unleaded gasoline increased 1.3 cents this week. Currently, the price at the pump is $2.592 a gallon.

The national average price at the pump is $2.634 a gallon. This week in 2008, Northeast Ohio gas prices reached their lowest price for the year at $1.614 per gallon.

According to the AAA Fuel Gauge, spurred by comments by Federal Reserve Chairman Ben Bernanke suggesting the economy will likely take a slow road to recovery - and by a stronger US dollar - oil prices fell $1.56 to close at $73.91 per barrel Monday on the New York Mercantile Exchange. The comments by Chairman Bernanke were seen by investors to suggest a longer, slower recovery would mean oil and gasoline demand won't spike in the short term, which would help moderate prices.

This week's average prices: Northeast Ohio Average . . . . . . . . . . $2.592

Average price during the week of December 1, 2009 . . . . . . . . . . $2.579

Average price during the week of December 9, 2008 . . . . . . . . . . . $1.614

The following is a list of the average price of unleaded self-serve gasoline in various areas:

$2.585 Alliance

$2.535 Ashland

 $2.700 Ashtabula

$2.569 Aurora

$2.619 Chesterland

$2.572 Cleveland

$2.600 Elyria

$2.573 Independence

$2.538 Lorain

$2.580 Lyndhurst

$2.536 Massillon

$2.595 Mentor

$2.63 New Philadelphia

$2.583 Niles

$2.580 Norwalk

$2.591 Oberlin

$2.684 Parma

$2.583 Ravenna

$2.593 Solon

$2.599 Willard

AAA East Central is a not-for-profit association with 80 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.6 million members.

 

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