NEO gas prices drop almost 5 cents


Northeast Ohio gas prices dropped 4.9 cents for a gallon of self-serve regular gasoline this week.

The current average price at the pump is $2.768. The national average price has stayed relatively stable — within a couple of cents of $2.85 — over the past couple of weeks. Today, it is $2.858.

According to AAA’s Fuel Gauge, oil prices fell Monday, pushed lower as the dollar gained strength against the euro. Oil ended the day at $84.20 per barrel on the New York Mercantile Exchange.

The strength of the dollar has come in large part due to the relative weakness of the euro. The euro has been strained in recent days as a result of continued uncertainty over a European Union plan to finally resolve issues related to the massive debt of EU member Greece.