AKRON, Ohio — After several weeks with rising gas prices in Northeast Ohio, we’re seeing some lower costs at the pump.
Drivers in Akron are now paying an average of $3.13 per gallon after prices dropped 16.4 cents within the last week, according to new data released by GasBuddy early Monday.
Gas prices also fell 10.5 cents in Cleveland, bringing the city’s new average to $3.18 per gallon. Despite the drop, gas prices in Cleveland are still 19.4 cents higher than a month ago and 2.1 cents more expensive than a year ago.
LIST & MAP: Where to find the cheapest gas prices near you
The national average is now listed at $3.24 per gallon after GasBuddy says it dropped 1.9 cents per gallon.
"Motorists have finally seen a bit of a break in the recent rise in the national average, with more states seeing drops than increases in the last week,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While the pause has certainly been nice, this is more like a rain delay than it is a 7th inning stretch. It's likely only a matter of time before we see the rise re-engage and prices start to head higher, but we'll take any break that we can. Oil prices have shown some signs of struggling last week after coming within arms reach of $80 per barrel before falling closer to $76, but all eyes are on refiners as utilization remained seasonally weak, around 80% of capacity, meaning there's less gasoline and diesel being produced. That's why it's just a matter of time before prices collide with rising demand and start to accelerate again."
Take a look at historical gasoline prices in Cleveland and the national average going back ten years:
- February 26, 2023: $3.16/g (U.S. Average: $3.33/g)
- February 26, 2022: $3.36/g (U.S. Average: $3.59/g)
- February 26, 2021: $2.63/g (U.S. Average: $2.71/g)
- February 26, 2020: $2.42/g (U.S. Average: $2.45/g)
- February 26, 2019: $2.33/g (U.S. Average: $2.41/g)
- February 26, 2018: $2.29/g (U.S. Average: $2.51/g)
- February 26, 2017: $2.14/g (U.S. Average: $2.28/g)
- February 26, 2016: $1.79/g (U.S. Average: $1.73/g)
- February 26, 2015: $2.29/g (U.S. Average: $2.34/g)
- February 26, 2014: $3.53/g (U.S. Average: $3.43/g)
