Portsmouth tops gas prices in the region

By Frank Lewis

August 8, 2013

Frank Lewis

PDT Staff Writers

Portsmouth has the highest gasoline prices in south central Ohio, according to AAA East Central’s latest figures. The average price of gas in Portsmouth is $3.629, a fraction ahead of Waverly, with an average price of $3.626, making the prices virtually the same.

AAA East Central said South Central Ohio gas prices are up nine cents this week, at an average price of $3.54 per gallon throughout the region. Ironton was the lowest at $3.39. Jackson was at $3.56 and Chillicothe at $3.55.

Today’s national average price for regular unleaded gasoline is $3.61 per gallon. That price is two cents less than a week ago and a penny less than a year ago. Motorists in all but 10 states are paying less at the pump this week, with rising prices in the continental U.S. limited to a handful of Mountain, Central and Midwest states.

AAA expects that gas prices in the coming weeks may increase due to the potential for late-summer hurricanes and accompanying refinery problems. These types of issues can disrupt production, distribution and gasoline supply at a time when many Americans are filling up their tanks for summer travel. However, if no major hurricanes threaten the Gulf Coast and refineries continue to run smoothly heading into the mid-September changeover to winter-blend gasoline, gas prices could remain flat or even decline further.

Slightly cheaper West Texas Intermediate (WTI) crude oil prices have provided some downward pressure on national gas prices. At the close of formal trading Monday on the NYMEX, WTI settled down 38 cents at $106.56 per barrel.

Frank Lewis may be reached at 740-353-3101, ext. 252, or at flewis@civitasmedia.com. For breaking news, follow Frank on Twitter @FrankLewisPDT.