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Dayton Business Journal...
Gas prices tumble in past 30 days
Thursday, September 29, 2011 

Motorists are getting a reprieve at the pump as gas prices have dropped more than 40 cents in the past month. 

On Thursday, Dayton-area gas prices averaged $3.21 per gallon, down 15 cents compared to a week ago, and 44 cents from last month, according to AAA’s Fuel Gauge Report. 

One year ago, the price at the pump was $2.57 per gallon for regular unleaded fuel. 

The lower gas prices come on the heels of falling oil prices. Last Friday, crude oil prices dropped $8.11 per barrel to $79.85, which marked a decline of more than 9 percent on the week. 

Although regular gas prices are down significantly, diesel fuel prices locally dropped just 4 cents per gallon to $3.80 compared to a month ago. 

The fluctuating gas prices have been felt by companies across all industries. 

Trucking firms are especially sensitive to the spikes and the Dayton region has a booming trucking hub due to its location near the intersection of Interstates 75 and 70. 

Dayton’s gas prices are among the lowest in the state. Cincinnati and Cleveland gas prices now average $3.25. Toledo, however, has lower average gas prices at $3.17 per gallon. 

The statewide average in Ohio stands at $3.25 per gallon, which is among the lowest in the U.S. Hawaii has the highest gas prices, with regular unleaded gas averaging $4.24 per gallon; followed by Alaska at $3.97. 

Read it at Dayton Business Journal


 
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