CINCINNATI, Oh (June 30, 2019) —After weeks of steady declines at the pump, gas prices are starting to increase across the country. On the week, a gallon of regular unleaded is, on average, nine cents more expensive ($2.65) in Ohio as drivers gear up for Independence Day holiday travel.
“For the more than 2 million Ohio motorists hitting the road this week to celebrate Independence Day, they will find gas prices cheaper than Memorial Day, but more expensive than they’ve been paying the last few weeks,” said Jenifer Moore, AAA spokesperson. “It’s typical to see increases at the pump ahead of the holiday, but we may see prices continue to jump throughout the month.”
Ohio could see further increases due to the gas tax increase of 10.5 percent per gallon going into effect tomorrow, Monday, July 1. Though it is likely that gas stations have already started to account for higher gas prices, due to the new tax, into retail prices.
A number of factors are also pushing gas prices higher, including: rising crude oil prices, strong demand, holiday travel and announcement of the closure of the largest refinery on the East Coast. The announcement came following a fire and explosion at the refinery, which produces 335,000 barrels of crude per day (42 U.S. gallons per barrel).
While gasoline stocks from Canada, neighboring refineries, and the Colonial Pipeline will help backfill supply, retailers will likely face increased transportation costs which will drive prices in the Northeast and surrounding regions.
Today’s national average is $2.71, which is five cents more than last week and 11 cents more than a month ago.
AAA provides motorists some simple tips for improving fuel economy and stretching a tank of gas farther between fill-ups:
- Observe the speed limit. Not only is it safer, it can help you save money.
- Lose the weight. The heavier your car, the more fuel it uses.
- Accelerate gradually. Avoid jackrabbit starts.
- Drive during cooler parts of the day. Cooler, denser air can boost power and mileage.
- Maintain recommended tire pressure. Low pressure reduces fuel economy and can damage tires.
AAA members can also find additional savings by signing up for the Fuel Rewards Program. Members can sign up for free and save five cents per gallon at participating Shell stations. In addition, members sign up now until August 31, 2019 and save an 15-cents per gallon on the first three fill-ups at Shell.
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.
AAA provides automotive, travel, and insurance services to 59 million members nationwide and nearly two and a half million members in Ohio. AAA advocates for the safety and mobility of its members and has been committed to outstanding road service for more than 100 years. AAA is a non-stock, non-profit corporation working on behalf of motorists, who can now map a route, find local gas prices, discover discounts, book a hotel, and track their roadside assistance service with the AAA Mobile app (AAA.com/mobile) for iPhone, iPad and Android. For more information, visit www.AAA.com.