Today’s national average price for a gallon of gasoline is $3.15, up four cents from last Monday. One year ago, the price was $3.48. The New York State average is $3.28, up two cents from one week ago. A year ago, the NYS average was $3.56. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia – $3.24 (down five cents from last Monday)
- Buffalo – $3.33 (down three cents from last Monday)
- Rochester – $3.26 (no change from last Monday)
Since last week, the national average for a gallon of gas has risen another four cents as we begin to see an increase in local gas prices in most areas. The upward trend is likely a combination of oil costs and normal seasonal increases as winter eases and the demand for gas creeps higher. We are entering the time of year where pump prices begin to heat up, typically peaking around July, but unless there is a major shock to the global oil market that causes prices to spike, the national average will likely continue its slow upward trend with a few flat days or even small price dips along the way.
This morning, oil prices range from $72 to $78 per barrel, a $6 decrease from one week ago. Diesel prices are also fluctuating. The national average price for diesel is $3.93, up 2 cents from one week ago, and down from $4.64 a year ago. The New York average for diesel is $4.39, down 1 cent from a week ago, and lower than $5.27 one year ago.
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