Gas prices surge 20 cents in Akron, 19 cents in Cleveland as average edges closer to $4 per gallon

GasBuddy says drivers in Akron have seen prices jump 20.1 cents per gallon since last week with the new average listed at $3.83.

Cleveland also saw an increase of 18.9 cents within the last week, bringing the city’s average price to $3.87 per gallon. For context, this price is currently 5.4 cents cheaper than one month ago, but 57.2 cents higher than this time last year.

The national average, meanwhile, rose 6.2 cents per gallon as the average stands at $3.78 per gallon.

“Just over half of the nation’s 50 states saw gasoline prices rise last week, pulling the national average back up for the time being due to big jumps in the Great Lakes and continued increases in New England and mid-Atlantic states,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, the rise in the Great Lakes, brought on by tight supply, has already started to ease, and declines should start again. In the northeastern U.S., prices are likely to inch up a bit more. National diesel supply remains tight, but supplies of diesel did see a slight rise last week. The majority of stations, especially away from the East Coast and Northeast, should have very few issues with diesel supply, though some stations in those regions could see diesel delivery times slip. Brief outages at a limited number of stations are possible, but with refineries continuing to churn out product and maintenance wrapping up, I’m optimistic the situation will improve.”

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

Editor’s note: Video in the player above was originally published in an unrelated story on Nov. 7, 2022.

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

Content Source

News Press Ohio – Latest News:
Columbus Local News || Cleveland Local News || Ohio State News || National News || Money and Economy News || Entertainment News || Tech News || Environment News

Related Articles

Back to top button