With just one week left before the holidays, Akron gas prices have dropped over a dime per gallon averaging about $3.18.
GasBuddy.com says the price was nearly 25 cents cheaper. The national average remains higher than local prices only dropping a little over 4 cents per gallon in the last week bringing the total to $3.23.
While some may be happy with the falling prices, Senior Petroleum Analyst Patrick Dehann reminds motorists that the prices will still set record highs this Christmas across much of America.
Press Release - GasBuddy.com
Average retail gasoline prices in Akron have fallen 10.1 cents per gallon in the past week, averaging $3.18/g yesterday. This compares with the national average that has fallen 4.3 cents per gallon in the last week to $3.23/g, according to gasoline price website AkronGasPrices.com.
Including the change in gas prices in Akron during the past week, prices yesterday were 24.7 cents per gallon higher than the same day one year ago and are 7.5 cents per gallon lower than a month ago. The national average has decreased 13.4 cents per gallon during the last month and stands 26.4 cents per gallon higher than this day one year ago.
"Gas prices across much of the nation continue their downward move, bringing the national average for a gallon down to its lowest level since late February," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "While some motorists are thinking these falling gasoline prices are nice, I'll unpleasantly remind them that gasoline prices will still set record highs this Christmas across much of America- motorists have never seen average prices this high on Christmas. As prices typically reach a low point during early winter, this sets up a troubling start to 2012 in terms of gasoline prices. Summer gasoline prices typically are 80-120 cents per gallon higher than where prices stand around Christmas," DeHaan said.