Four people are dead in two separate accidents in Central Ohio. In Pataskala, investigators say a head-on collision on East Broad took three lives. One vehicle crossed the center line. Early this morning, the driver of a pick-up truck was killed when he slammed into a tree in a residential area south of Route 104 [...]
Ohioans Jolted by Another Big Jump in Gas Prices
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Ohio gasoline prices have spurted to a new record high. The cost of regular jumped by about 8 cents in 24 hours to Wednesday’s statewide average of close to $3.48 per gallon, according to AAA and the Oil Price Information Service. Again, that’s an average. Throughout Ohio, it’s not difficult to find service stations selling regular for $3.59.$3.59 per gallon was common on the east side of Columbus while prices on the west side were a bit lower.
The high cost of crude oil – trading Wednesday at $118 per barrel – is behind the high gasoline prices. Retail pricing analyst Fred Rozell says the high price of crude is driven by the weak dollar and the commodities market become an attractive investment.
Fred Rozell is director of retail pricing for the Oil Price Information Service.