Lower oil prices keep pump prices down for holiday travelers

Today’s national average price for a gallon of gasoline is $3.25, down six cents from last Monday. One year ago, the price was $3.56. The New York State average is $3.57, down four 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 – $3.59 (down 5 cents from last Monday)
  • Buffalo – $3.66 (down 2 cents from last Monday)
  • Rochester – $3.65 (down 4 cents from last Monday)

Thanksgiving travelers benefited from lower gas prices. Demand spiked for the holiday with 49.1 million people driving 50 miles or more from home over the Thanksgiving travel period. But oil prices are down to $75 to $80 per barrel this morning, which helped keep pump prices down. Typically, gas prices are lower in the winter months so an increase in prices is not expected anytime soon.

Diesel prices are also dropping. The national average price for diesel is $4.23, down five cents from last Monday, and down from $5.23 a year ago. The New York average for diesel is $4.60, down three cents from a week ago, and lower than $5.87 one year ago. 



All WNY is made possible thanks to coffee and sleep deprivation.
We appreciate your readership. We like money, too.