CINCINNATI (WKRC) - Average gasoline prices in Cincinnati fell 12.6 cents per gallon in the last week, averaging $3.59 per gallon on Monday, according to GasBuddy's survey of 637 stations in Cincinnati.
Prices in Cincinnati were 16.5 cents per gallon lower than a month ago but still 41.1 cents per gallon higher than a year ago.
Historical gasoline prices in Cincinnati and the national average going back ten years:
- November 28, 2021: $3.18/g (U.S. Average: $3.37/g)
- November 28, 2020: $1.93/g (U.S. Average: $2.11/g)
- November 28, 2019: $2.33/g (U.S. Average: $2.60/g)
- November 28, 2018: $2.23/g (U.S. Average: $2.50/g)
- November 28, 2017: $2.34/g (U.S. Average: $2.49/g)
- November 28, 2016: $2.12/g (U.S. Average: $2.13/g)
- November 28, 2015: $1.85/g (U.S. Average: $2.04/g)
- November 28, 2014: $2.83/g (U.S. Average: $2.78/g)
- November 28, 2013: $3.19/g (U.S. Average: $3.27/g)
- November 28, 2012: $3.47/g (U.S. Average: $3.41/g)
There wasn't a dramatic change in Nothern Kentucky, where the average price dropped 1.1 cents to $3.78 per gallon.
The same cannot be stated of gas prices in Southeast Indiana, which increased 2.8 cents per gallon in a week to $3.72 per gallon.
The national average price of gasoline dropped 12.4 cents per gallon in the last week, averaging $3.52 on Monday. The national average was down 22.7 cents per gallon from a month ago.
"As millions of Americans hit the road for Thanksgiving, we saw gasoline prices continue dropping coast to coast last week, and a new record was set for the largest single day decline in the national average. In addition, 47 of the nation's 50 states have seen diesel prices falling as well, providing well-needed relief ahead of the holidays and helping to stem the rise in inflation," said Patrick De Haan, head of petroleum analysis at GasBuddy. "All the metrics look very positive for motorists as this week is likely to continue seeing falling gasoline prices, with many areas falling to the lowest level since Russia's invasion of Ukraine in February. It's entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas, which would be a huge gift to unwrap for motorists after a dizzying year at the pump."
The national average price of diesel went down 7.9 cents in the last week to $5.20 per gallon.