Gas prices jump 26 cents in Akron, up 20 cents in Cleveland: What GasBuddy is saying about the spike

AKRON, Ohio — Ouch. Gas prices have seen a spike throughout Northeast Ohio once again.

Drivers in Akron are now paying an average of $3.62 per gallon after prices jumped 26 cents when compared to last week, according to new GasBuddy data released early Monday morning.

Cleveland saw a jump of 20.1 cents with the city’s average now listed at $3.61 per gallon. That puts Cleveland’s prices 5.2 cents more than a month ago and $1.43 cheaper than a year ago.

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The national average, meanwhile, climbed 5.6 cents within the last week to $3.57 per gallon.

"We've seen some hefty gas price increases in several states in the Great Lakes and also in Florida,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “These areas saw prices jump up in line with behaviors that see such jumps every couple of weeks. Exacerbating these routine jumps was government data that showed the third straight week with U.S. gasoline demand over the critical 9 million barrel per day mark, putting upward pressure on average prices in other areas as well. With the Fed meeting this week to potentially alter interest rates again, we could see some turbulence in oil markets, potentially impacting states where gas prices were quiet this week, while the states that saw a big jump last week could see some moderate relief in the week ahead. The good news has continued for average diesel prices, which again fell last week to their lowest since early 2022, helping to relieve some pressure on hard-hit consumers of diesel."

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

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

• June 12, 2022: $5.04/g (U.S. Average: $5.01/g)
• June 12, 2021: $2.90/g (U.S. Average: $3.08/g)
• June 12, 2020: $2.20/g (U.S. Average: $2.10/g)
• June 12, 2019: $2.46/g (U.S. Average: $2.71/g)
• June 12, 2018: $2.75/g (U.S. Average: $2.91/g)
• June 12, 2017: $2.20/g (U.S. Average: $2.32/g)
• June 12, 2016: $2.59/g (U.S. Average: $2.38/g)
• June 12, 2015: $2.84/g (U.S. Average: $2.79/g)
• June 12, 2014: $3.85/g (U.S. Average: $3.65/g)
• June 12, 2013: $3.90/g (U.S. Average: $3.63/g)

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