The average price for a gallon of gasoline in New York is up one cent from last Monday. According to AAA Western and Central New York, the New York State average today is $3.10. One year ago, the New York State average was $3.71.
The national average price for a gallon of gasoline today is $3.15, no change from last Monday.
The national average for a gallon of regular is slightly higher than a week ago. An increase in demand, as the weather gets nicer and more people get out and about, is pushing prices up slightly. But at $3.15, the national average remains well below what drivers were paying this time last year. That’s because the price of crude oil is on the lower side at $62 a barrel compared to $82 a barrel one year ago.
According to the latest data from the Energy Information Administration (EIA), gasoline demand increased from 8.46 million b/d last week to 9.41. Total domestic gasoline supply decreased from 234.0 million barrels to 229.5. Gasoline production increased last week, averaging 10.1 million barrels per day. Crude oil prices have decreased slightly, ranging from $63 to $67 per barrel this morning.
For drivers who use diesel fuel, the national average price for diesel is $3.54, down two cents from last Monday. The New York average is $3.90, no change from last Monday
Have all the Finger Lakes news from Finger Lakes News Radio delivered to your email every morning for FREE! Sign up by clicking here
