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Gas prices drop nationally as economy slows

Gas prices have dropped more than 30 cents a gallon in most parts of the US, resulting from a steep plunge in oil prices. The national average for gas prices is $3.59, down five cents from last week.

By The Associated Press / June 4, 2012

A gas station attendant pumps gas at a gas station in this May 25 file photo. A plunge in oil prices has knocked more than 30 cents off gas prices in most parts of the US.

Rick Bowmer/AP/File


Columbus, Ohio

Gas prices are falling in Ohio and nationally amid disappointing job growth and other symptoms of weakening economic conditions in the U.S. and around the globe.

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The average price for regular gas in Ohio is about $3.56 a gallon in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's down 12 cents from a week ago.

Gas cost about $3.93 a gallon at this time last year.

A plunge in oil prices has knocked more than 30 cents off of the price of a gallon of gas in most parts of the U.S. since early April. Experts predict further declines in the next few weeks.

Nationally, the average price for regular gas slipped to about $3.59, down a nickel from last week.

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