ECONOMY

Ohio Prices Spike; Phoenix and Georgia See Effects

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Cleveland, Ohio — On Friday May 1, AAA reported Ohio's statewide average gasoline price rose to $4.83 per gallon, up nearly 40 cents from Thursday and roughly $1 above last week; local stations in Akron and Cleveland approached $5 per gallon as immediate retail signs showed overnight jumps. Phoenix and other markets also saw increases this week, with at least one Phoenix station exceeding $6 per gallon as of April 30; analysts pointed to crude oil trading above $100 per barrel, Iran-related shipping concerns, and a Whiting, Indiana refinery power issue, while Georgia implemented a temporary gas-tax suspension on March 20.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

March 20, 2026: Georgia signs 60-day gas-tax suspension into law.
Late April 2026: Crude oil prices climb above $100 per barrel amid geopolitical tensions.
April 29-30, 2026: Arizona reports statewide average increases; Phoenix station posts over $6 per gallon.
Late April 2026: BP Whiting, Indiana refinery reports temporary power issue affecting Midwest supply.
May 1, 2026: AAA reports Ohio average at $4.83, with near-$5 pump prices in Cleveland/Akron.

Why This Matters to You

Rising gas prices hit your wallet. Especially if you're in Ohio, Arizona, or Georgia. It costs more to drive to work, run errands, or take a road trip. Check your local gas prices online before you fill up. It could save you a few bucks.

The Bottom Line

Gas prices are unpredictable. They're tied to global events and local issues. This week, it's crude oil prices, Iran, and a power issue in Indiana. Worth forwarding if you know someone feeling the pinch at the pump.