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Gas prices drop 18 cents in Akron, 12 cents in Cleveland amid first decline in weeks

'For now, motorists should enjoy the decline, but be wary as we're likely to eventually see increases again down the road,' GasBuddy's Patrick De Haan says.

AKRON, Ohio — After weeks of rising gas prices across Northeast Ohio, drivers are finally seeing some relief once again.

The average price for a gallon of gas in Akron is now listed at $3.40 after falling 18.2 cents within the last week, according to new data released by GasBuddy early Monday morning.

Cleveland's prices are down 12.2 cents, now averaging $3.45 per gallon. That put's the city at 7.4 cents higher than a month ago and 18.7 cents more than a year ago.

The national average, meanwhile, now stands at $3.44 per gallon after seeing a decline of 4.4 cents per gallon in the last week.

"For the first time in 2023, the national average price of gasoline has seen a weekly decline, primarily thanks to a sharp and sudden drop in the price of oil," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While the decline in both gasoline and diesel prices is terrific, it’s not unusual to see prices falling in February, which tends to be the month with some of the lowest gasoline prices of the year thanks to seasonally weak demand. For diesel, we're likely to see more declines, and potentially much more significant in the weeks ahead as imports of distillate have accelerated, leading to a sell off. And, with warmer weather ahead, demand may struggle as well. However, especially for gasoline, high levels of coming maintenance and the eventual transition to summer gasoline could lead today's declines to reverse down the road. For now, motorists should enjoy the decline, but be wary as we're likely to eventually see increases again down the road."

See historical gasoline prices in Cleveland and the national average going back 10 years:

  • February 6, 2022: $3.26/g (U.S. Average: $3.42/g)
  • February 6, 2021: $2.40/g (U.S. Average: $2.46/g)
  • February 6, 2020: $2.38/g (U.S. Average: $2.46/g)
  • February 6, 2019: $2.21/g (U.S. Average: $2.29/g)
  • February 6, 2018: $2.42/g (U.S. Average: $2.61/g)
  • February 6, 2017: $2.02/g (U.S. Average: $2.26/g)
  • February 6, 2016: $1.52/g (U.S. Average: $1.74/g)
  • February 6, 2015: $2.27/g (U.S. Average: $2.16/g)
  • February 6, 2014: $3.29/g (U.S. Average: $3.26/g)
  • February 6, 2013: $3.61/g (U.S. Average: $3.55/g)

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

Editor's note: Video in the player above was originally published in an unrelated article on Feb. 3, 2023.

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