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Gas Prices Fall a Nickel Across New York

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Gas prices continue to drop across New York. According to figures released Monday by AAA Western and Central New York, the New York State average for a gallon of gasoline is $3.25, down a nickel from last Monday. One year ago, the state average was $3.90.

Monday’s national average price for a gallon of gas is $3.22, up one cent from last week.

AAA reports pump prices have been sliding down recently, but the rapid intensification of Hurricane Helene appears to be having an effect on gasoline demand in the southeast region of the country.

For drivers who use diesel fuel, the national average price for diesel is $3.57, down one cent from last Monday. The New York average is $3.96, down four cents from last Monday.

Monday morning, oil prices sat in the high $60s to low $70s per barrel. According to new data from the Energy Information Administration (EIA), gas demand rose while total domestic stocks fell slightly. Tepid gasoline demand and low oil costs will likely keep pump prices sliding, and soon the arrival of cheaper winter-blend gasoline will help to further take pressure off of pump prices as autumn approaches.

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