Gas prices are holding steady coming off Labor Day weekend. The New York State average for a gallon is $3.89, down a penny from last Monday. One year ago, the state average was $4.01. The national average is down two cents from last week to $3.81 a gallon.
AAA of Western and Central New York reports the national average for a gallon of gas is down a penny from last Monday as the price of oil remains steady in the $80 range per barrel. As many people head back to work and school this week, the latest data from the Energy Information Administration shows gas demand increasing slightly, with supply taking a small dip. The marginal movement in oil prices, supply, and demand is keeping pump prices steady for the time being. All eyes remain focused on the tropics for any sign of a storm that could impact oil production.
There’s no relief with diesel prices this week. The national average price for diesel is $4.45, up 8 cents from last Monday, but down from $5.07 a year ago. The New York average for diesel is $4.59, up 2 cents from last Monday, but lower than $5.27 one year ago.