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Area Gas Prices Jump 16 Cents

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South Central Ohio motorists are feeling a big pinch at the pump as 2013 comes to a close. Area gas prices spiked 16 cents to $3.43 this week, according to AAA East Central.


On the National Front


Today’s national average price at the pump is $3.32 per gallon, which is the highest price on record for New Year’s Eve. This is the fourth consecutive year of record-breaking prices heading into the New Year. Today’s price is six cents more expensive than one week ago, five cents more than one month ago and three cents more than the same date last year.


Motorists in every state are paying more at the pump than one week ago, and motorists in four states (Indiana, Michigan, Minnesota and Ohio) have experienced more than 20-cent jumps during the past two weeks. These increases have been keyed by refinery issues in that region.


Higher crude oil prices have also supported rising retail gas prices for motorists. Last Friday, West Texas Intermediate (WTI) crude oil prices climbed back into triple digits for the first time since October. The return above $100 proved to be temporary, as WTI closed at $99.29 per barrel on Monday.


This week’s South Central Ohio average price:


$ 3.426


Average price during the week of December 24, 2013:


$ 3.268


Average price during the week of January 1, 2013:


$ 3.351


The following is a list of the average price of unleaded self-serve gasoline in various areas:


$3.454


Athens


$3.427


Chillicothe


$3.418


Columbiana


$3.360


East Liverpool


$3.420


Gallipolis


$3.436


Hillsboro


$3.459


Ironton


$3.442


Jackson


$3.391


Logan


$3.441


Marietta


$3.442


Portsmouth


$3.385


Steubenville


$3.438


Washington Court House


$3.448


Waverly


AAA East Central is a not-for-profit association with 82 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.7 million members.

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