AAA: Crude oil keeps climbing
Gas prices are 33 cents higher in Northeast Ohio this week at $4.432 per gallon, according to Monday’s AAA East Central’s Gas Price Report. The national average for a gallon of regular gasoline is a penny cheaper this week at $4.28. The drop is fueled by the transition to winter-blend gasoline, which is cheaper to produce and costs less for consumers. But high crude oil prices are preventing steep declines at the pump. Currently, the price for a barrel of crude oil is over $100 per barrel amid instability in the Strait of Hormuz. This month is poised to set a record as the most ...