Overview

• GasBuddy reports the national average fell 6.4 cents in a week to $3.02 per gallon based on more than 12 million price reports from 150,000 stations.
• Central Ohio’s average dropped 25.2 cents to $2.77 per gallon, with Ohio statewide averaging $2.76.
• The national diesel average declined about 3.5 cents to roughly $3.63 per gallon.
• EIA data for the week ending Oct. 3 show crude inventories up 3.7 million barrels, gasoline down 1.6 million, distillates down 2.0 million, and refinery utilization at 92.4%.
• WTI crude dipped below $60 late last week after President Trump threatened new tariffs on China, and GasBuddy’s Patrick De Haan says the national average could soon slip below $3 with a few stations possibly under $2.