Gas prices drop another 18 cents

COLUMBUS – Gas prices in Columbus dropped for the second straight week despite reports that an oil production cut intended to shore up oil prices is well underway.

The average price of a gallon of regular gasoline in Columbus Monday morning was $2.02, 18 cents less than last Monday and 39 cents cheaper than two weeks ago, according to a daily survey from the auto club AAA, the Oil Price Information Service and WEX, Inc.

The nationwide average price dipped 3 cents since last week, mostly due to a decline in crude oil costs.

That despite reports that OPEC and key non-OPEC oil producers seeking to cut production to drive up costs say their reductions are ahead of schedule.