Gas prices could fall under $5 in next week: GasBuddy analyst
CINCINNATI (WXIX) - With the national average for a gallon of gas hitting an all-time high this week of $5 and shooting up locally nearly 25 cents in the last week alone, relief could be in sight, according to a GasBuddy analyst.
Gas prices could fall under $5 per gallon of regular within the next week or so, the analyst, Patrick De Haan, tweeted on Thursday.
“No one should be in a rush to fill their gas tank- prices in most areas of the US will be coming down in the days and weeks ahead (things could shift, so stay tuned), but we could drop back to a national average of $4.75-$4.85/gal by July 4 if nothing changes!”
The average cost of gas in Greater Cincinnati on Friday is $5.072, according to GasBuddy.
Prices nationally are worst in California, where the average price per gallon is well over $6. One station in northern California made national news recently by charging nearly $10 per gallon, making it the most expensive in the nation.
Gas prices in Ohio are averaging $5.012 per gallon regular on Friday, according to AAA.
That same gallon of gas on average in Indiana will cost you $5.172.
Kentucky is apparently the place to fill up locally, that is if you don’t burn off the profit by driving there.
A gallon of regular gas costs on average $4.758.
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