News
9:58 am
Mon July 9, 2012

Gas prices jump in Ohio

Gasoline costs Ohioans an extra quarter per gallon compared with a week ago.

The average price for a gallon of regular gas was $3.51 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's up 26 cents from a week ago. But it's about a dime cheaper than at this time last year. ColumbusGasPrices.com pegs the average in the capital city at $3.51 as well.  Ohio gas prices jumped last week after a series of thunderstorms battered the state, leaving thousands of homes and businesses without power for days. Columbus-based American Electric Power says crews have restored service to 98 percent of the 660,000 left without power from the June 29 storm. Nationally, the average price for regular gas is about $3.38, up a nickel from last week. Analysts have suggested that a months-long decline in gas prices may be ending for several reasons amid hope that weak U.S. economic growth may trigger new stimulus measures.