Ohio Average Gas Price Drops Below $3

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 COLUMBUS, Ohio (AP) – Ohio’s average gas price has dropped below $3 for the first time in nearly four years.

A gallon of regular gasoline in Ohio averaged $2.99 Friday, according to auto club AAA, the Oil Price Information Service and WEX Inc. The last time Ohio’s average gas price dropped below $3 was on Dec. 10, 2010.

AAA says it’s typical for gas prices to drop during the last months of the year, but other factors have helped bring prices down. The auto group also attributes the falling gas prices to lower crude oil prices at home and abroad, an increase in U.S. refineries’ crude oil supplies to make gasoline and a quiet hurricane season along the eastern coastline.

AAA expects gas prices to remain low through the end of the year.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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