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Gas prices drop in Akron and Cleveland once again: Here’s what GasBuddy is saying as we enter 2024

The Great Lakes and Gulf Coast offer some of the nation's lowest gas prices, according to GasBuddy.

AKRON, Ohio — The downward trend continues as gas prices have dropped once again in Northeast Ohio.

Drivers in Akron are now paying an average of $2.70 per gallon after prices dipped 13.6 cents within the last week, according to new data released early Monday by GasBuddy.

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

In Cleveland, gas prices have fallen 10.9 cents per gallon as the city’s new average now stands at $2.73. This latest drop means Cleveland’s gas prices are now 24 cents cheaper than a month ago and 50.8 cents lower than a year ago.

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The national average, meanwhile, is now listed at $3.06 per gallon after dropping 1.6 cents within the last week.

"After a brief hiatus, the national average has moved off its recent high, again falling closer to the $3 per gallon mark, setting up a potential second attempt at slipping below $2.99 for the first time since 2021," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While gas prices have risen in some areas, such as California after refinery snags emerged, other states have returned to declines. Illinois is one such example, falling below $3 per gallon for the first time since 2021. The Great Lakes and Gulf Coast offer some of the nation's lowest gas prices, with the window of opportunity holding for the next few weeks to potentially re-test some of the levels seen a few weeks ago. The good news continues for average diesel prices, which slipped below $4 per gallon again and stand at their lowest level since the summer."

Here's a look at historical gasoline prices in Cleveland and the national average going back 10 years:

  • January 2, 2023: $3.24/g (U.S. Average: $3.18/g)
  • January 2, 2022: $3.07/g (U.S. Average: $3.26/g)
  • January 2, 2021: $2.14/g (U.S. Average: $2.25/g)
  • January 2, 2020: $2.58/g (U.S. Average: $2.59/g)
  • January 2, 2019: $1.94/g (U.S. Average: $2.25/g)
  • January 2, 2018: $2.43/g (U.S. Average: $2.49/g)
  • January 2, 2017: $2.30/g (U.S. Average: $2.34/g)
  • January 2, 2016: $1.91/g (U.S. Average: $1.99/g)
  • January 2, 2015: $1.99/g (U.S. Average: $2.21/g)
  • January 2, 2014: $3.37/g (U.S. Average: $3.32/g)

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