Gas prices fall but still highest for March in four years

The price of a gallon of gas is headed higher this spring. Prices jumped across the Great Lakes region since last week as refinery maintenance shutdowns began. Some analysts say consumers could see stations post $3-a-gallon prices by summer and to average

Gas prices fall but still highest for March in four years

Local prices are higher than the national average of $2.51 per gallon, which is down 1 cent from a week ago.

Prices in Tampa Bay are averaging at about $2.41 per gallon, which is about 27 cents more than this time past year.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the prior price drop was halted by a rise in crude oil costs.

Prices in Meadville and across the state fell nearly 3 cents per gallon in the past week, averaging $2.77 per gallon Monday, according, according to GasBuddy's daily survey of 5,269 gas outlets in Pennsylvania. The latest Energy Information Administration (EIA) report showed USA commercial crude inventories increased by 2.4 million barrels last week and over the past two weeks, storage levels have swelled by 5 million barrels.

Gas in San Francisco was the highest in the contiguous United States at an average of $3.44 a gallon.

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This compares with the national average that has fallen 1 cent per gallon in the last week to $2.51 a gallon, according to gasoline price website GasBuddy.com. This could lend weight to oil prices being too high, but at the same time, we continue to see if any major disruptions occur at USA refineries to offset any devaluation in the price of oil.

Prices in Northeast Ohio range from a low average of $2.33 in the Youngstown-Warren area, $2.34 in Akron, to $2.36 in Canton and $2.39 a gallon in Greater Cleveland, the AAA calculates.

DeHaan said he still expects a price surge later this spring. About GasBuddy GasBuddy is the technology company changing the way more than 70 million consumers find, purchase, and save money on gasoline.

Two storms and a lack of disruptions in supply delayed the inevitable process of refinery turnarounds and conversions to summer fuel have not yet driven up the price at the pump.

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