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Gas nearing $4/gal; See lowest gas prices near you

8:57 AM, Feb 19, 2013   |    comments
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Gas prices have risen for 32 days straight, according to AAA.

Northeast Ohio gas prices have jumped 52.5 cents a gallon since mid-January and are expected to keep climbing. 

The national average has increased 42.2 cents per gallon during the last month.  That's more than 13% in just over a month.

The average price of a gallon of gas in Cleveland rose 12.3 cents in the past week, averaging $3.81 That compares with the national average at $3.71.

One of the reasons for the increase is due to oil refineries switching over to the more expensive summer blend.  The Energy Information Administration also says oil companies are anticipating higher demand, since consumer confidence is higher and the housing market is rebounding.

The lowest gas prices we found Monday were:

  • $3.69 at Ravenna Oil on E. Lake Street and S. Chestnut Street in Ravenna
  • $3.79 at Circle K at Wooster Road W at 31st Street NW in Barberton
  • $3.66 at Gas Express on Clark Avenue and West 38th Street in Cleveland
  • $3.74 at Marathon on East Washington Street near Auburn Lakes Drive in Auburn
  • $3.79 at GetGo on Detroit Avenue at Bunts Road in Lakewood

Check out the lowest gas prices near you across Northeast Ohio

Gas prices in Cleveland are 36.6 cents per gallon higher than the same day one year ago.

The rising prices reflect double-digit increases in wholesale prices with fuel production tightening in the majority of the country's refineries.

There is some good news, though, as the U.S. Department of Energy still predicts that this summer's gas prices will be lower than last year's.

WKYC-TV

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