Updated
Updated · WHIO · Jun 9
Ohio Gas Prices Jump 10 Cents to $4.11 as Stations Exit Unsustainable Near-Cost Sales
Updated
Updated · WHIO · Jun 9

Ohio Gas Prices Jump 10 Cents to $4.11 as Stations Exit Unsustainable Near-Cost Sales

2 articles · Updated · WHIO · Jun 9

Summary

  • $4.11 a gallon is now Ohio’s average price for regular gas, up 10 cents from a day earlier, according to AAA.
  • Patrick De Haan of GasBuddy said many stations had been selling fuel close to cost, a level he called unsustainable and the driver of the latest price cycle.
  • Local prices still vary widely across the state, with averages at $3.92 in Clark County, $3.87 in Miami County and $3.68 in Greene County.
  • De Haan said this is the most volatile period of his career for forecasting summer gas prices, signaling more swings ahead for travelers.

Insights

The US is the world's top oil producer. Why can't it control its own gas prices?
With the Strait of Hormuz closed, what is the backup plan to prevent a severe global oil crunch?
Are temporary fixes like gas tax holidays just delaying a necessary shift away from fossil fuels?