If you liken fluctuating gas prices in Toledo to a rollercoaster, you're not the only one.
GasBuddy has found Toledo ranks at the top among over a dozen cities in the midwest with the steepest single-day average gas price hikes. The highest single-day price hike in the Glass City was recorded to be $0.28 per gallon, behind Fort Wayne ($0.34), Indianapolis ($0.32), Dayton ($0.31), and Columbus ($0.30).
"The steep price hikes recorded in more than 25 cities in the Midwest dwarf the increases seen in the rest of the country," said Patrick DeHaan, GasBuddy senior petroleum analyst. "While major markets like LA, NY and Chicago get much of the attention and criticism, they're not even in the top 20 among cities that see the steepest price hikes."
Bakersfield, Calif. drivers saw a nine-cent hike in gas prices this year, their largest single-day spike. Colorado Springs, Colorado and Myrtle Beach, SC each saw an 11-cent single-day spike.
"While small cities lead the way among markets with the steepest price spikes, we saw some larger Midwestern cities like Chicago, Milwaukee and Detroit positioned prominently among the leaders for days with one cent or more price increases, and that undoubtedly fuels consumer anxiety in places where there's plenty already," said Gregg Laskoski, another senior petroleum analyst with GasBuddy.
What's the most you've paid for a gallon of gas in the Toledo-area? Share your thoughts below or on our Facebook page.