Gas prices in New York have dropped again. According to AAA of Western and Central New York, the New York State average is $3.22, down three cents from last Monday. One year ago, the New York State average was $3.87.
The national average price for a gallon of gasoline is $3.17. The national average for a gallon of regular gasoline still fell by five cents since last Monday, and prices regionally have dropped by an average of three cents. The devastation wrought by Hurricane Helene did little to impact gasoline supply, but tensions in the Middle East could disrupt oil shipments and have already led to oil prices creeping higher.
Monday morning, oil prices are sitting in the mid to high $70s per barrel. According to new data from the Energy Information Administration (EIA), gas demand plummeted last week while total domestic stocks rose slightly. Tepid gasoline demand and recent low oil costs could keep pump prices sliding down, and soon the arrival of cheaper winter-blend gasoline will help to further take pressure off pump prices.
For drivers who use diesel fuel, the national average price for diesel is $3.57, no change from last Monday. The New York average is $3.95 as of Sunday, down one cent 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.
