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Ohio's average gas price has remained above $3 for 1,000 days

Ohio's average gas price has remained above $3 for 1,000 days

(Columbus) - Monday marked the 1,000th consecutive day that Ohio’s average gasoline price has been above $3.00 per gallon. The current streak began on Dec. 22, 2010. Nationally, the average price of gasoline has been above $3.00 per gallon for 999 days.

This is the longest stretch of time on record that gas prices have been above $3.00 per gallon. AAA forecasts the national average will remain above $3.00 per gallon for at least another thousand days, barring a major economic recession.

"It looks like really this is the new normal," said AAA Ohio's Kimberly Schwind.

Not only have prices been above $3.00 per gallon, on average, they have remained above $3.50 per gallon for the majority of days during the current streak.

Prices have topped $3.25 for 869 days, $3.50 on 568 days, $3.75 for 201 days, and $4.00 per gallon for 15 days.

Gas prices first surged above $3.00 per gallon in the days immediately following Hurricane Katrina, in 2005. Previously in Ohio, the longest streak above $3.00 per gallon was 236 days, from Feb. 19 to Oct. 12, 2008.

Schwind says there is some good news: gas prices should continue to drop a bit through the fall and winter.

"Hopefully we continue to see this trend and maybe we can get down closer to that $3.00 mark," she said.

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(Copyright © 2013 by Clear Channel, all rights reserved. Photo by Getty Images.)

 

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