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People also ask
Are gas prices going down in July?
In a welcome change for drivers, gas prices have been slowly trending down in July, opposed to the steep climb seen in April, May and June. The average price per gallon on Thursday was $4.75, per AAA — that’s a 27-cent decrease from the record high of $5.02 on June 14.
How much do gas prices go up when retailers don’t make money?
But when a retailer is no longer making any money, they will then raise their price 25 to 40 cents a gallon to pass along any price difference and to restore their margin to about 15 to 20 cents a gallon, he said.
How much has the average gas price dropped in Ohio?
For the fourth straight week, the nation’s average gas price has fallen, declining 13 cents from a week ago to $4.68 per gallon Monday, according to AAA. In Ohio, prices were down to $4.57, a 17-cent drop from a week ago.
How high were gas prices on Friday compared to previous days?
The price of a gallon of regular unleaded gas on Friday averaged $4.33 nationwide, up from $4.32 the previous day and $2.83 a year ago, according to AAA鈥檚 data. 2 Friday鈥檚 was the smallest one-day jump since March 1, and a reason for a bit of optimism鈥攖hough one that should be taken with a big grain of salt.