AKRON, Ohio — The average price for gas in Northeast Ohio has dropped below $3 per gallon once again as GasBuddy reports prices dropped in both Akron and Cleveland within the last week.
LIST & MAP: Where to find the cheapest gas prices near you
Akron saw the biggest decline with prices down 17.8 cents, bringing the city’s new average to $2.91 per gallon.
The average in Cleveland now stands at $2.97 per gallon after prices dipped 10.8 cents. This puts Cleveland’s gas prices are 18.5 cents higher than a month ago, but 60.7 cents cheaper than a year ago.
The national average is now listed at $3.07 per gallon as GasBuddy notes prices rose by 4.5 cents within the last week.
"We've seen the national average price of gasoline bounce back up after cold weather-related refinery shutdowns pushed up the wholesale price of gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “Plus, recent GDP data and new attacks in the Red Sea have pushed oil prices to their highest level since November. While prices have inched up and may continue to slowly rise, I believe the larger increases will be witnessed in a few weeks as we enter mid-February, lasting through April or May, during which the national average could rise 35 to 85 cents per gallon. Other issues and tensions could complicate how quickly prices rise or how high they go, so while the rise is not completely charted, it could deviate from our expectations."
Here’s a look at historical gasoline prices in Cleveland and the national average going back 10 years:
- January 29, 2023: $3.57/g (U.S. Average: $3.49/g)
- January 29, 2022: $3.13/g (U.S. Average: $3.36/g)
- January 29, 2021: $2.29/g (U.S. Average: $2.42/g)
- January 29, 2020: $2.43/g (U.S. Average: $2.48/g)
- January 29, 2019: $2.03/g (U.S. Average: $2.27/g)
- January 29, 2018: $2.40/g (U.S. Average: $2.58/g)
- January 29, 2017: $2.08/g (U.S. Average: $2.26/g)
- January 29, 2016: $1.66/g (U.S. Average: $1.81/g)
- January 29, 2015: $2.06/g (U.S. Average: $2.04/g)
- January 29, 2014: $3.29/g (U.S. Average: $3.27/g)
