Today’s national average price for a gallon of gasoline is $3.07, down one cent from last Monday. One year ago, the price was $3.30. The New York State average is $3.28, down four cents from one week ago. A year ago, the NYS average was $3.44. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia – $3.32 (down 6 cents from last Monday)
- Buffalo – $3.41 (down 4 cents from last Monday)
- Rochester – $3.33 (down 5 cents from last Monday)
Since last week, demand for gasoline picked up a bit while total domestic gasoline stocks increased significantly. While prices are down across the board, the slight uptick in demand has limited pump price drops. This morning, oil prices range from $73 to $78 per barrel, the same as one week ago. The mid-winter blahs will likely keep pump prices waffling a few cents up and down for the immediate future. Analysts are also keeping an eye on frigid temps that can affect refinery production.
Diesel prices are also moving lower. The national average price for diesel is $3.92, down three cents from one week ago, and down from $4.61 a year ago. The New York average for diesel is $4.41, down three cents from a week ago, and lower than $5.29 one year ago.
All WNY is made possible thanks to coffee and sleep deprivation.
We appreciate your readership. We like money, too.
