Cincinnati gas prices continue to rise, up nearly 40 cents in month

It could hit $3 per gallon nationally by month’s end

Cincinnati gas prices continue to rise, up nearly 40 cents in month
This is a gas pump nozzel in a car filling up at a pump in West Mifflin, Pa., on Friday, Nov. 16, 2018. (AP Photo/Gene J. Puskar) (Source: Gene J. Puskar)

CINCINNATI, OH (FOX19) - Cincinnati gas prices have risen 7.1 cents per gallon in the past week, averaging $2.75 per gallon Monday - and they have shot up nearly 40 cents in the past month, according to www. GasBuddy.com

A daily survey of 637 stations in Cincinnati found gas 38.4 cents higher per gallon than a month ago and up 16.6 cents per gallon than this time last year.

The cheapest station in Cincinnati was priced at $2.53 per gallon while the most expensive was $2.99 - a 46.6 cent difference, according to www.GasBuddy.com.

This morning, the website is reporting the cheapest gas in Cincinnati is:

  • $2.64 at United Dairy Farmers at Vine Street and Galbraith Road in Hartwell
  • $2.66 at Costco at Waterstone Boulevard near Kings Water Drive in Deerfield Township
  • $2.67 at United Dairy Farmers at Cleves Warsaw Pike and Glenway Avenue in West Price Hill

The national average price of gasoline has risen 7.4 cents per gallon in the last week, averaging $2.83 per gallon, according to the gas price website. The national average is up 28.7 cents per gallon from a month ago, yet stands 12.2 cents per gallon higher than a year ago.

Neighboring areas and their current gas prices per gallon compared to a week ago:

  • Dayton: $2.76, an 11.3 cent increase
  • Lexington: $2.73, up 7.8 cents
  • Louisville- $2.72, down 4.0 cents

“The national average gas price has now risen for the ninth straight week, adding 57 cents a gallon in that time and now costing Americans about $200 million more per day than it did to start the year," said Dan McTeague, senior petroleum analyst with www.GasBuddy.com, in a prepared statement.

"The effect of rising prices isn’t about to let up as a spate of refinery outages on the West Coast and in California has given way to a tightening of summer blended gasoline in advance of the summer driving season set to kick in in the weeks ahead.

"Even with early signs of markets reaching their heights for California-spec fuel, the damage has been done and gas prices are still playing catch up to the highs of April. With California pump prices now firmly over $4 a gallon, the march to $4.15 may be attained in the weeks ahead before any relief, while the rest of the nation faces the prospect of $3 a gallon by month’s end.”

Copyright 2019 WXIX. All rights reserved.