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Gas prices are 25 cents lower in Northeast Ohio this week at $4.185 per gallon, according to Monday's AAA East Central's Gas Price Report.
The national average for a gallon of regular gasoline fell 14 cents over the past week to $4.16. Crude oil prices are currently below $100 per barrel, and pump prices are reflecting that decline. The national average is 23 cents less than a month ago but $1.13 more than a year ago.
The average price of unleaded self-serve gasoline Monday in Niles was $4.099 while Youngstown was $4.117. A year ago, the average in the region was $2.948 per gallon.
According to new data from the Energy Information Administration, gasoline demand decreased last week from 8.98 million barrels per day to 8.38 million. Total domestic gasoline supply increased from 205.3 million barrels to 209.2 million. Gasoline production decreased from 9.75 million barrels per day to 9.24 million barrels.
Near the close of Tuesday's formal trading session, West Texas Intermediate was $96.79 per barrel. The EIA reports that U.S. crude oil inventories decreased 1.9 million barrels to 410.6 million barrels, 4% below the five-year average.
The national average per kilowatt hour of electricity at a public EV charging station stayed the same this past week at 41 cents.
AAA East Central is a not-for-profit association with 69 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members.