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Gas Priced At 99 Cents A Gallon Spotted In Ohio

By Christy Strawser

DETROIT (CBS Detroit) Buckeye country doesn't usually have much over Michigan, but next time you're on a road trip where the endlessly dull Ohio landscape doesn't seem to end, take notice of something.

They've got cheap gas.

The BP dropped prices below a dollar a gallon, while the Valero across the street is charging $1.96 per gallon.

"Some people at the BP station have been waiting for as long as an hour Thursday morning," according to WKBN.

But it wont' stick around long. According to WKBN in Ohio, the owner of the station said the price is a promotion to "celebrate the store's recent renovation." He said he plans to keep the price at 99 cents all day Thursday.

Prices across the Midwest, including Michigan, have been falling since Tuesday, when a key refinery in northwest Indiana was running again after closing for unexpected repairs.

"Retail prices across the Midwest had been moving lower already for the past seven days or so after that issue first caused a spike. So the recent drop in prices might accelerate in the days ahead, and in the next two to three weeks we could see prices drop some 20 to 50 cents," said Patrick DeHaan, senior petroleum analyst, to the Columbus Dispatch.

So, will 99 cent a gallon gas come to Michigan anytime soon?

Don't hold your breath, but prices were at an average of $2.64 a gallon, down from nearly $3 a gallon on average in June. Experts said earlier this week that Michigan drivers could expect to pay less than $2 a gallon soon.

The decline in the price of gas over the past eight consecutive weeks is the longest streak in nearly three decades, according to AAA.


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