Tri-State gas prices creep up - Cincinnati News, FOX19-WXIX TV

Tri-State gas prices creep up

(FOX19 NOW/file) (FOX19 NOW/file)
CINCINNATI, OH (FOX19) -

Gas prices are creeping up in the Tri-State.

The average price for regular unleaded gas on average shot up from $1.78 to $1.87 per gallon overnight.

The current national average is higher at $1.79 per gallon.

According to AAA, motorists found the cheapest gas prices for the month of February since 2004.

The monthly average was $1.73 per gallon nationwide.

Throughout the month, gas prices declined a total of 5 cents nationwide.

“This was the first time in 10 years that gas prices finished the month of February lower than they started,” said Mark Jenkins, AAA spokesman.

“Historically, gas prices have risen 30 to 40 cents during February, but this year was different, due to low oil prices and record high supplies of oil and gasoline.”

Last year, gas prices in March rose two cents nationwide.

During the past five years, gas prices in March rose an average of eight cents nationwide.

The average gas price in March for all months since 2000 averaged $2.47 nationwide.

“Gas prices rise in March because more Americans are beginning to take spring road trips," Jenkins said.  

"This creates increased demand for gasoline at a time when refineries are putting-out less fuel, due to seasonal maintenance," he said. "Demand is now beginning to increase, as are prices at the pump. However, prices are unlikely to surge as supplies remain abundant.”
 
Check out current gas price averages in Cincinnati.

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