The average price for a gallon of gasoline in New York State to begin the week stood at $3.10, no change from last Monday. One year ago, the New York State average was $3.73.
The national average price for a gallon of gasoline as reported by AAA on Monday is $3.17, up two cents from last week. One year ago, the national average was $3.65. According to AAA, the national average for a gallon of regular saw few changes over the past week, going up slightly to $3.17. Even though this is the time of year when we typically see seasonal increases and rising demand, the price of crude oil has been plunging. A couple of factors are at play: economic concerns and the decision by OPEC+ (the group of oil-producing countries) to increase output and add more oil to the market, despite tepid demand. The lower the price of oil, the less drivers pay at the pump. The national average is almost 50 cents less than it was this time last year.
For drivers who use diesel fuel, the national average price for diesel is $3.53, down a cent from last Monday. The New York average is $3.90, no change from last Monday.
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