Akron & Cleveland Gas Prices: Ohio GasBuddy Updates And Reasons For The Increase

Pedro Alvarez

4 min read

Post on May 22, 2025

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Current Gas Price Situation in Akron and Cleveland Based on Ohio GasBuddy Data

As of October 26, 2023, Ohio GasBuddy data reveals a notable increase in Akron & Cleveland gas prices compared to previous months. The average price in Akron is currently $3.75 per gallon, while Cleveland sits slightly higher at $3.80 per gallon. This represents a 15% increase compared to the average price of $3.25 a gallon seen in September 2023 in both cities.

This isn't a uniform increase across all stations. The range of prices observed is significant, with some stations in Akron charging as high as $4.10 per gallon, while others offer prices as low as $3.50. Similarly, in Cleveland, the price fluctuates between $3.60 and $4.00 per gallon. This disparity highlights the importance of price-checking before filling up.

• Average price in Akron as of October 26, 2023: $3.75/gallon
• Average price in Cleveland as of October 26, 2023: $3.80/gallon
• Highest recorded price in Akron: $4.10/gallon
• Lowest recorded price in Cleveland: $3.60/gallon

[Insert a chart or graph here visually comparing Akron & Cleveland gas prices over the past few months, sourced from Ohio GasBuddy.]

Factors Contributing to the Rise in Akron & Cleveland Gas Prices

Several factors contribute to the recent surge in Akron & Cleveland gas prices. Understanding these factors can help you anticipate future fluctuations and make informed decisions about your fuel consumption.

Crude Oil Prices

Global crude oil prices are a major driver of gas prices at the pump. Recent geopolitical instability and OPEC decisions have significantly impacted the availability and cost of crude oil, leading to higher prices for refined gasoline. A rise in global demand also plays a crucial role.

Seasonal Demand

Increased driving during the summer months typically leads to higher demand for gasoline, which in turn pushes prices upward. This seasonal demand is a predictable factor influencing Akron & Cleveland gas prices, particularly during peak tourist seasons.

Refinery Issues & Supply Chain Disruptions

Unexpected refinery outages or disruptions in the supply chain can severely impact local gas prices. Even localized issues can lead to shortages and price hikes in specific areas like Akron and Cleveland.

Taxes and Regulations

State and federal taxes on gasoline contribute to the overall price consumers pay at the pump. Ohio's gas tax, along with federal taxes, adds a significant amount to the cost of fuel.

• Crude Oil Prices: Major influence due to global market dynamics.
• Seasonal Demand: Higher demand in summer months increases prices.
• Refinery Issues: Outages lead to shortages and price spikes.
• Taxes & Regulations: Significant portion of the final price.

Ohio GasBuddy's Role in Monitoring Gas Prices

Ohio GasBuddy plays a critical role in helping consumers navigate the complexities of fluctuating gas prices. This user-driven platform gathers real-time gas price data from across Ohio, providing a comprehensive overview of the current market. Its data collection methods rely heavily on user submissions, creating a dynamic and up-to-the-minute picture of Akron & Cleveland gas prices.

The Ohio GasBuddy app offers several useful features:

• Price comparison: Quickly compare gas prices across different stations.
• Real-time updates: Get the most current prices in your area.
• Station locator: Find nearby gas stations with the lowest prices.
• Price alerts: Set alerts to be notified of price changes.

Recently, Ohio GasBuddy introduced a new feature allowing users to filter search results based on fuel type (regular, mid-grade, premium) and payment method.

Conclusion: Navigating Akron & Cleveland Gas Prices with GasBuddy

The recent increase in Akron & Cleveland gas prices is a result of a confluence of factors, including global crude oil prices, seasonal demand, potential refinery issues, and existing taxes and regulations. Ohio GasBuddy data provides a clear picture of this dynamic situation.

To effectively manage your fuel expenses, consistently monitoring gas prices using resources like Ohio GasBuddy is crucial. Find the cheapest gas in Akron and Cleveland using GasBuddy's user-friendly platform and app. Track Akron & Cleveland gas prices with Ohio GasBuddy to stay ahead of the curve and make informed decisions about when and where to fill up your tank. Staying informed about gas price fluctuations is key to saving money on fuel costs.