Today’s national average price for a gallon of gasoline is $3.41, up 4 cents since last Monday. One year ago, the price was $4.01. The New York State average is $3.43, down 2 cents since last Monday. A year ago, the NYS average was $4.21. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia – $3.34 (down 2 cents from last Monday)
- Buffalo – $3.36 (down 2 cents from last Monday)
- Rochester – $3.42 (down 2 cents from last Monday)
The national average for a gallon of gas is up this week while prices in New York have fallen slightly. We are seeing an increase in demand and the beginning of the switch to the summer blend of fuel, which is more expensive to refine. Oil prices have also ticked up, ranging this morning from $79 to $86 per barrel.
Diesel prices continue to fall. The national average price for a gallon of diesel is $4.38, down 3 cents from a week ago. Here in New York the current average for diesel is $5.00, down 5 cents from last week.
According to new data from the Energy Information Administration (EIA), gas demand rose slightly from 8.91 million to 9.11 million b/d last week. Meanwhile, total domestic gasoline stocks decreased by nearly 1 million bbl to 239.2 million bbl last week. If gas demand rises amid falling domestic stocks, New York drivers may also see an end to future pump price drops.
