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Gas Prices Fluctuate Slightly in Last Week

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Gas prices are fluctuating slightly as demand has increased amid the summer road trip season while oil prices remain on the lower side.

According to AAA of Western and Central New York, the New York State average on Monday is $3.60, down two cents from July 22nd. A year ago, the New York State average was $3.81. The national average price for a gallon of gasoline is $3.51, up one penny from last week.

Diesel prices are relatively steady as diesel demand is reportedly down slightly. The national average price for diesel is $3.81, down two cents from last Monday. The New York average is $4.22, down one cent from last Monday.

The national average price for a gallon of regular gas has jumped by one penny while local prices are fluctuating. According to the latest data from the Energy Information Administration (EIA), gas demand rose unexpectedly as total domestic gasoline stocks fell. Summer road trip season is in full swing as indicated by the variety of out-of-state license plates and volume on the NYS Thruway. Gas prices have hovered around the $3.50 mark since June 26. Oil prices remain relatively low, ranging from $77 to $81 on Monday morning.

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