AAA: Ohio gas prices down 4 cents from last week


COLUMBUS (AP) — Ohio gasoline prices have slipped 4 cents in the last week as oil prices tried to reach $75 a barrel, but failed.

The latest survey from auto club AAA, the Oil Price Information Service and Wright Express puts the statewide average for a gallon of regular-grade gas at about $2.50 per gallon, down from $2.54 last Monday.

Ohio motorists are paying a nickel more for gas than they did one month ago. Last year at this time, a gallon of regular was considerably more expensive in the state, at $3.61.

Oil has traded near $70 a barrel for most of the last few months as investors struggle to gauge how robust the U.S. recovery will be. Crude has tried and failed several times, including last week, to break through the $75 level.