Gas prices continue to climb in Northeast Ohio. What is Hurricane Helene’s impact?

An image of a gasoline pump.
An image of a gasoline pump.

The average price for gasoline across Northeast Ohio is 11 cents higher this week at $3.215 per gallon, according to AAA East Central’s Gas Price Report. The average price during the week of Sept. 23 was $3.106.

The national average for a gallon of gas is up a penny over the past week to $3.21.

Hurricane Helene missed the Gulf’s oil production sites and refining centers, so gasoline supply has not been impacted. However, power outages, structural damage, and road flooding will affect local residents’ ability to fuel up as clean-up efforts continue.

Today’s national average is 14 cents less than a month ago and 61 cents less than a year ago.

According to new data from the Energy Information Administration, gas demand rose from 8.77 million barrels per day last week to 9.20. Meanwhile, total domestic gasoline stocks fell slightly from 221.6 million barrels to 220.1, while gasoline production increased last week, averaging 9.8 million barrels daily.

At the close of Wednesday’s formal trading session, West Texas Intermediate fell by 1.87 cents to settle at $69.69 a barrel. The EIA reports that crude oil inventories decreased by 4.5 million barrels from the previous week.

At 413.0 million barrels, U.S. crude oil inventories are about 5% below the five-year average for this time of year.

Average prices of unleaded self-service gasoline in various areas:

Motorists can find current gas prices nationwide, statewide, and countywide on the AAA East Central gas prices web page.

Aaron Moody is a sports and general reporter for the News & Observer. Here is a second sentence for the bio because it will probably be longer than this. Maybe even longer I don't know. Support my work with a digital subscription