Gas Prices Soaring in Northeast Ohio
Cleveland News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gas prices surge in Northeast Ohio, with Akron drivers paying an average of $3.85 per gallon, a 13.5-cent increase this week. Cleveland follows at $3.84, up 9.9 cents. Nationally, the average hits $3.95, nearly a dollar more than last month and over $0.80 higher than last year. The Strait of Hormuz crisis causes oil shortages, pushing gas and diesel to multi-year highs. Families spent $8 billion extra on fuel last month. Higher diesel costs could boost inflation. Prices are higher than recent springs but not yet at 2022 levels. Volatility expected, with gas potentially topping $4 and diesel nearing $6 if supplies dont improve.
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