AKRON, Ohio — Ouch.
After weeks with gas prices dropping throughout Northeast Ohio, drivers are experiencing a big spike throughout the region.
LIST & MAP: Where to find the cheapest gas prices near you
Gas prices in Akron have increased 32.8 cents per gallon within the last week as the city’s average price is now listed at $2.82, according to new data released early Monday by GasBuddy.
The average in Cleveland has jumped to $2.84 per gallon after GasBuddy says prices rose by 25.5 cents. This surge puts Cleveland’s gas prices 7.4 cents more expensive than a month ago, but 53.8 cents cheaper than a year ago.
The national average is listed at $3.04 per gallon after experiencing a small increase of 0.6 cents.
"Last week was a bit of a mixed bag for gasoline prices, with prices increasing early on but falling again in recent days as the situation in the Red Sea continues to drive market volatility," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While last week saw the U.S. attacking Houthi militants engaged in attacks on vessels in the Red Sea, oil prices jumped, but then promptly fell as economic concerns with weak demand sapped the upward move after the U.S. and allies attacked Houthi rebels. Gasoline inventories also saw another large rise, putting some downward pressure on gas prices, and leaving an opportunity for the national average to potentially briefly fall below $3 per gallon. We'll have to see if the stars finally align for such a move."
Here’s a look at historical gasoline prices in Cleveland and the national average going back 10 years:
- January 15, 2023: $3.38/g (U.S. Average: $3.28/g)
- January 15, 2022: $3.10/g (U.S. Average: $3.30/g)
- January 15, 2021: $2.26/g (U.S. Average: $2.39/g)
- January 15, 2020: $2.58/g (U.S. Average: $2.56/g)
- January 15, 2019: $1.93/g (U.S. Average: $2.24/g)
- January 15, 2018: $2.40/g (U.S. Average: $2.53/g)
- January 15, 2017: $2.25/g (U.S. Average: $2.34/g)
- January 15, 2016: $1.78/g (U.S. Average: $1.92/g)
- January 15, 2015: $1.90/g (U.S. Average: $2.07/g)
- January 15, 2014: $3.37/g (U.S. Average: $3.30/g)
