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Home > Blogs > Here's the Deal: Bargains in Hamilton and Middletown > Archives > 2009 > April > 06 > Entry
Gas prices dropping
Good news: It will more than likely not cost you a limb or your first-born child to pay for gas this summer
Ohio is boasting some of the lowest fuel prices in the country, with area prices dropping below $1.80 for a regular gallon of gas. And experts believe prices will stay low through the summer.
The state’s average price dropped has 8 cents to $1.97 per gallon since last week, ranking it 15th in the country for lowest prices. Wyoming has the lowest average price at $1.869, according to a survey from auto club AAA and the Oil Price Information Service.
Stations in Butler and Warren counties are posting an average of $1.92 per gallon, with prices at or lower than $1.77 in Franklin, Hamilton and Liberty Twp., according to cincygasprices.com.
Johnny Gonzalez, 84 of Hamilton, said he could remember filling his car up with a dollar “and having change left over.
“But recently, I can’t remember the last time it was this low. I’m counting my blessings,” he said.
A year ago, residents were paying $3.24 per gallon.
The federal Energy Information Administration said in its latest petroleum report that it “does not see gasoline prices climbing” to $3 a gallon this summer due to a surplus in refining capacity and lower demand.
Despite the lower prices, Americans are using 1.4 percent less fuel than at the same point in 2008, according to the agency.
Libby Harris, 48 of Middletown, said she was far from optimistic as she fueled up her Honda Civic at the Mobil station on Princeton Road.
“It’s a catch-22 because as long as the prices keep coming down, that means the economy is, too,” she said. “We want to see improve, that’s what all the stimulus is for. So if it works, bye-bye to (less than) $2 prices.”
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