Jan 7, 2026 - Transit
Cleveland gas prices are lowest in three years
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Northeast Ohio gas prices kicked off 2026 at their lowest point in at least three years, per GasBuddy data.
By the numbers: Local prices have hovered around $2.75 per gallon over the past week — more than 30 cents cheaper than this time last year and nearly a dollar cheaper than peak prices in 2023 and 2024.
- The continued drop is largely driven by lower oil prices, increased production and softened demand.
Between the lines: Despite speculation, it's unlikely President Trump's operation in Venezuela will immediately impact fuel prices, said Patrick De Haan, GasBuddy's head of petroleum analysis, in a statement.
What's next: De Haan expects prices to "bottom out in the weeks ahead" before beginning a seasonal climb toward March.