Today’s national average price for a gallon of gasoline is $3.88, up five cents from last Monday. One year ago, the price was $3.68. The New York State average is $3.92, up three cents from a week ago. A year ago, the NYS average was $3.79. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia – $3.84 (up 1 cent from last Monday)
- Buffalo – $3.89 (up 4 cents from last Monday)
- Rochester – $3.92 (up 2 cents from last Monday)
Gas prices are on the rise, and the primary culprit is the surge in oil costs, which have jumped several dollars returning to the $90s per barrel. This morning, oil prices range from $91 to $95 per barrel. According to the latest data from the Energy Information Administration (EIA), gas demand decreased significantly while domestic gasoline stocks rose. Although gas demand has dropped amid increasing stocks, elevated oil prices have pushed pump prices higher.
There’s no relief with diesel prices either. The national average price for diesel is $4.58, up 10 cents from last Monday, but down from $4.96 a year ago. The New York average for diesel is $4.71, up 11 cents from a week ago, but lower than $5.14 one year ago.
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