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Gas Prices Drop Again in NY

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The New York State average for a gallon of gasoline is $3.28, down four cents from one week ago.  Today’s national average price for a gallon of gasoline is $3.07, down one cent from last Monday.

AAA Western and Central New York reports since last week, gasoline demand picked up a bit while total domestic gasoline stocks increased significantly. While prices are down across the board, the slight uptick in demand has limited pump price drops. The mid-winter blahs will likely keep pump prices waffling a few cents up and down for the immediate future. Analysts are also keeping an eye on frigid temps that can affect refinery production.

Diesel prices are also moving lower. The national average price for diesel is $3.92, down three cents from one week ago, and down from $4.61 a year ago. The New York average for diesel is $4.41, down three cents from a week ago, and lower than $5.29 one year ago.

 

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