Gas prices drop again across Northeast Ohio: See how Akron and Cleveland compare

AKRON, Ohio — Drivers are getting more relief at the gas pump as price have dropped once again across Northeast Ohio.

In Akron, gas prices dipped 12.7 cents within the last week. That brings the city’s average down to $3.11 per gallon, according to new data released early Monday morning by GasBuddy.

Cleveland’s average, meanwhile, is now listed at $3.25 per gallon after prices fell 8.8 cents. For context, that puts Cleveland’s gas prices at 0.6 cents lower than a month ago and 79.1 cents cheaper than a year ago.

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

Nationwide, the average price now stands at $3.40 per gallon after dipping 4.2 cents within the last week. This is 82.9 cents lower than one year ago.

"The broad concern over recent failures of the U.S. and global banking system has put enough downward pressure on oil prices that we saw a reprieve in rising gasoline prices in the national average last week. But, it may be temporary in nature, and is unlikely to be a long lasting trend," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While California and areas of the West Coast saw some moderation in price, supply challenges amidst the transition to summer gasoline have led to sharp price increases in Arizona, and other markets saw varying impacts at the gas pump over the last week. Should the outlook for the banking sector improve, we could again see gasoline prices race higher, while continued or additional distress could raise the possibility of a broader economic slowdown, keeping gasoline prices in check. Overall, there are a lot of possibilities."

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

• March 20, 2022: $4.04/g (U.S. Average: $4.23/g)
• March 20, 2021: $2.66/g (U.S. Average: $2.88/g)
• March 20, 2020: $1.84/g (U.S. Average: $2.11/g)
• March 20, 2019: $2.40/g (U.S. Average: $2.60/g)
• March 20, 2018: $2.38/g (U.S. Average: $2.56/g)
• March 20, 2017: $2.14/g (U.S. Average: $2.29/g)
• March 20, 2016: $1.92/g (U.S. Average: $1.98/g)
• March 20, 2015: $2.37/g (U.S. Average: $2.43/g)
• March 20, 2014: $3.62/g (U.S. Average: $3.53/g)
• March 20, 2013: $3.83/g (U.S. Average: $3.70/g)

SUBSCRIBE: Get the day's top local and national headlines sent to your email inbox each weekday morning with 3News to GO! newsletter

Editor's note: Video in the player above was originally published in an unrelated article on March 19, 2023.

Want to be among the first to know the most important local and national news? You can download the free WKYC app and get the latest updates right on your phone: Android, Apple.