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Gas prices drop again in Northeast Ohio: Down 9 cents in Akron, 8 cents in Cleveland

Despite the recent drop in gas prices, GasBuddy is warning 'there is some risk to gas prices going into the second half of summer.'
Credit: coreyfrey - stock.adobe.com
Gas station.

AKRON, Ohio — Drivers in Northeast Ohio are getting even more relief at the gas pump as prices continue to drop throughout the region.

GasBuddy reports that gas prices in Akron fell 9.2 cents within the last week, bringing the city’s average to $3.11 per gallon.

LIST & MAP: Where to find the cheapest gas prices near you

Cleveland also saw a decline with the average now listed at $3.23 per gallon after prices tumbled 8.3 cents. For some added context, this latest drop puts Cleveland’s prices 37.7 cents lower than a month ago and $1.35 cheaper than a year ago.

The national average, meanwhile, remains unchanged from last week at $3.50 per gallon.

"After declining going into July 4, average gasoline prices have struggled to find much momentum in either direction as the price of crude oil has continued to bounce around, digesting offsetting news on both sides of the scale: Supply, which OPEC+ continues to try and tighten, and weak global demand as monetary policy restrains growth," said Patrick De Haan, head of petroleum analysis at GasBuddy. "I don't see much chance of a major break out of the tight range we've held since April, but there is rising risk for hurricane season and potential disruptions as major forecaster Colorado State University released its third forecast for 2023 hurricane season, showing a sharp uptick in the number of expected major hurricanes. Heading into the prime of summer gasoline demand, any disruptions, whether storms or unexpected outages and what might be a small challenge outside of the summer driving season, could be a larger problem, so there is some risk to gas prices going into the second half of summer."

Here’s a look at historical gasoline prices in Cleveland when compared to the national average going back 10 years:

  • July 10, 2022: $4.58/g (U.S. Average: $4.66/g)
  • July 10, 2021: $2.96/g (U.S. Average: $3.14/g)
  • July 10, 2020: $2.18/g (U.S. Average: $2.20/g)
  • July 10, 2019: $2.82/g (U.S. Average: $2.76/g)
  • July 10, 2018: $2.73/g (U.S. Average: $2.87/g)
  • July 10, 2017: $2.15/g (U.S. Average: $2.25/g)
  • July 10, 2016: $2.09/g (U.S. Average: $2.23/g)
  • July 10, 2015: $2.63/g (U.S. Average: $2.76/g)
  • July 10, 2014: $3.49/g (U.S. Average: $3.63/g)
  • July 10, 2013: $3.48/g (U.S. Average: $3.50/g)

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