gas prices

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.36, down three cents from last week. One year ago, the price was $2.16. The New York State average is $3.54 – down two cents from last week. A year ago, the NYS average was $2.25. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.46 (up one cent from last week)
• Buffalo - $3.46 (down one cent from last week)
• Ithaca - $3.51 (down one cent from last week)
• Rochester - $3.52 (down one cent from last week)
• Rome - $3.56 (down two cents from last week)
• Syracuse - $3.49 (down one cent from last week)
• Watertown - $3.58 (down two cents from last week)

Crude oil prices tumbled amid news of the Omicron COVID-19 variant, and national pump prices quickly followed dropping three cents over the past week. It’s too soon to tell if fears of a global economic slowdown caused by the Omicron variant will push oil prices lower for the long term. But for now, the upward pricing pressure due to tightened supply and high demand seems to have abated as pump prices appear to be stabilizing. If oil prices remain lowered, local pump prices should follow.

From Gas Buddy:

"The downturn in average gas prices continued to gain momentum last week as oil prices remained at a hefty discount. This is largely due to continued anxiety over the omicron variant and because some countries have begun issuing lockdowns, keeping motorists in some countries from consuming as much fuel," said Patrick De Haan, head of petroleum analysis for GasBuddy. "While the Great Lakes region, the fastest to see prices respond to market fluctuations, is seeing hefty monthly declines approaching 30 cents per gallon, much of the rest of the country is lagging behind. But, we will see precipitous declines in the next week or two as stations continue to sell through higher priced inventory before slowly lowering their prices. It's not impossible given the conditions that price wars, where stations lower their price significantly, could emerge as stations now have considerable room to lower prices."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.39, down two cents from last week. One year ago, the price was $2.13. The New York State average is $3.56 – down one cent from last week. A year ago, the NYS average was $2.23. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.45 (down two cents from last week)
• Buffalo - $3.47 (no change from last week)
• Ithaca - $3.52 (no change from last week)
• Rochester - $3.53 (no change from last week)
• Rome - $3.58 (no change from last week)
• Syracuse - $3.50 (down one cent from last week)
• Watertown - $3.60 (no change since last week)

Gasoline demand increased over the Thanksgiving holiday, but oil prices are now closer to $70 per barrel rather than $80 per barrel so pump prices are steady. Total gasoline stocks are down and that coupled with high demand would normally mean increased gas prices, but the drop in crude oil prices helped to stabilize pump prices. Last week, President Biden announced that the federal government would release oil from the U.S. Strategic Petroleum Reserve (SPR), which was coordinated with the release of oil from other major crude consuming countries. As a result, drivers could see some price relief at the pump over the coming weeks, but they should expect prices to remain higher than last year’s holiday season and in 2019.

From Gas Buddy:

"Gas price declines are slowly picking up momentum. With oil's recent fall and the jury out on a new Covid variant, Omicron, we could be in store for lower prices based on many countries turning back to travel restrictions, limiting oil demand and potentially accelerating the drop in gas prices," said Patrick De Haan, head of petroleum analysis for GasBuddy. "There remains a very high level of uncertainty ahead of us as OPEC has also delayed its meetings to await more market movements and information on Omicron. But so far, Americans can expect the new variant to push gas prices even lower. Beyond the next few weeks, it remains nearly impossible to predict where oil and gas prices will head, though turbulence is guaranteed."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.41, down one cent from last week. One year ago, the price was $2.11. The New York State average is $3.57 – up one cent from last week. A year ago, the NYS average was $2.22. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.47 (up two cents from last week)
• Buffalo - $3.47 (no change from last week)
• Ithaca - $3.52 (no change from last week)
• Rochester - $3.53 (no change from last week)
• Rome - $3.58 (up one cent from last week)
• Syracuse - $3.51 (no change from last week)
• Watertown - $3.60 (up one cent since last week)

Gas prices are relatively steady to start this week as oil prices dropped below $80 per barrel. Demand also declined over the past week according to the Energy Information Administration (EIA). However, demand is expected to increase this week with Thanksgiving travel getting underway.

From Gas Buddy:

"With oil prices plunging nearly $10 from the recent peak of $85 per barrel, motorists will start to see gas prices decline nationwide, just in time for Thanksgiving, and the decline could stretch for several weeks," said Patrick De Haan, head of petroleum analysis for GasBuddy. "It's not impossible- so long as oil prices hold near these levels or continue falling- that the national average could shed 15 to 30 cents per gallon over the coming weeks, while some areas like California could see declines of as much as 25 to 40 cents. While there's reason to be optimistic that the peak of gas prices will soon be behind us, the decline in the price of oil is likely reflecting the possibility of a coordinated global release of oil from strategic reserves. If that doesn't happen, oil could again rally. However, with Covid cases on the rise again reducing global demand, it does seem the most likely outcome will be a drop in gas prices that could last several weeks."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.42, no change from last week when the numbers are rounded. Actually, the price went down because it is $3.415, and last week it was $3.422. One year ago, the price was $2.13. The New York State average is $3.56 –no change from last week. A year ago, the NYS average was $2.23. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.45 (down one cent from last week)
• Buffalo - $3.47 (no change from last week)
• Ithaca - $3.52 (up one cent from last week)
• Rochester - $3.53 (up one cent from last week)
• Rome - $3.57 (up one cent from last week)
• Syracuse - $3.51 (up one cent from last week)
• Watertown - $3.59 (up three cents since last week)

The national gas price average is down a tad as the Energy Information Administration (EIA) reports that total domestic gasoline stocks decreased while gasoline demand also dropped. The decrease in demand has contributed to some price relief at the pump for drivers. However, pump prices will likely remain elevated as long as oil prices are above $80 per barrel. This morning, they are hovering at about $80 to $81.

From Gas Buddy:

As of Sunday evening, the national average price of gasoline posted its first weekly decline in months. As the price of oil continues to struggle, Covid cases flare up and anxiety over demand starts rising, motorists are likely to see the declines continuing into this week," said Patrick De Haan, head of petroleum analysis for GasBuddy. "While it's not known how long market conditions will continue to push gas prices down, it appears that the fall should last through Thanksgiving, just in time for millions of Americans to prepare to hit the road for the holiday. However, the damage may already be done. According to GasBuddy's Thanksgiving Travel Survey, being released tomorrow, a significant portion of Americans say the high gas prices already led them to re-think their plans.

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.42, up two cents from last week. One year ago, the price was $2.11. The New York State average is $3.56 – up one cent from last week. A year ago, the NYS average was $2.22. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.46 (no change from last week)
• Buffalo - $3.47 (no change from last week)
• Ithaca - $3.51 (no change from last week)
• Rochester - $3.52 (no change from last week)
• Rome - $3.56 (up two cents from last week)
• Syracuse - $3.50 (no change from last week)
• Watertown - $3.56 (up one cent since last week)

Local pump prices are holding steady this week. According to the latest data from the Energy Information Administration (EIA), total domestic gasoline stocks are down, and gasoline demand continues to rise, but at a slower pace than in recent weeks. Meanwhile oil prices remain over $80 per barrel though they did dip below that mark last week for the first time in a month. The EIA recently reported that total domestic crude supply increased, which has helped to prevent large increase in pump prices.

From Gas Buddy:

"Last week saw oil prices briefly fall back under $80 for the first time in weeks. While it wasn't enough to provide much relief last week, we should see small declines this week in a majority of the country, thanks to the corresponding drop in wholesale gasoline prices," said Patrick De Haan, head of petroleum analysis for GasBuddy. "At OPEC's monthly meeting last week, the cartel held firm to the small increases they agreed to in July, raising November production by 400,000 barrels per day. With President Biden still mulling over options to help push gas prices down, we could continue to see some volatility in oil prices. I don't immediately see a large decline or surge coming in the run-up to Thanksgiving, but U.S. gasoline demand does remain strong. Levels are currently rivaling September demand, so we know high prices aren't significantly curbing consumption."

Press Release from AAA:

Today’s national average price for a gallon of gasoline is $3.40, up one cent from last week. One year ago, the price was $2.13. The New York State average is $3.55 – up two cents from last week. A year ago, the NYS average was $2.23. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.46 (up one cent from last week)
• Buffalo - $3.47 (up two cents from last week)
• Ithaca - $3.51 (up one cent from last week)
• Rochester - $3.52 (up two cents from last week)
• Rome - $3.54 (up three cents from last week)
• Syracuse - $3.50 (up two cents from last week)
• Watertown - $3.55 (up three cents since last week)

Pump prices continue to rise, but at a slower pace than in recent weeks. According to data from the Energy Information Administration (EIA), total domestic gasoline stocks are down, while gasoline demand also decreased. The drop in demand has helped slow price increases, but elevated crude prices continue to put upward market pressure on pump prices. Gas prices will likely keep rising as long as oil prices are above $80 per barrel. This morning, oil prices are $82 to $83 per barrel, which is a tad lower than one week ago.

From Gas Buddy:

"The jump in gas prices that started nearly a month ago is finally running out of steam for the time being, as oil prices have stabilized. Yet, some areas of California are still at or near all-time record highs for prices," said Patrick De Haan, head of petroleum analysis for GasBuddy. "While California's high prices will not become a nationwide norm, prices there will likely remain elevated due to refinery issues amidst the surge of rain and other refinery kinks. For most motorists, gas prices are likely to greatly slow their recent ascent, and we could even see some small declines in the week ahead. OPEC is planning to meet next week, and while it doesn't seem likely there will be any boost in oil output, its meeting and comments could easily drive the market up or down. The odds remain high that gas prices will remain near today's elevated levels going into the holidays, barring additional OPEC supply."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.33, up six cents from last week. One year ago, the price was $2.17. The New York State average is $3.43 – up eight cents from last week. A year ago, the NYS average was $2.25. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.38 (up five cents from last week)
• Buffalo - $3.36 (up five cents from last week)
• Ithaca - $3.43 (up seven cents from last week)
• Rochester - $3.42 (up seven cents from last week)
• Rome - $3.44 (up eight cents from last week)
• Syracuse - $3.39 (up six cents from last week)
• Watertown - $3.42 (up eight cents since last week)

Gas prices took a big jump over the past two weeks with national gas prices increasing 13 cents in two weeks.  Total domestic gasoline stocks decreased along with gasoline demand. Despite that drop in demand, which would typically bring prices down, gas prices increased. But high crude prices (above $80 per barrel) remain the main culprit for rising pump prices. As crude prices remain elevated, pump prices will likely follow suit.

From Gas Buddy:

"The national average closed the week by climbing to yet another fresh seven-year high, as the price of oil continues to drag gas prices along for the wild ride, leaving motorists on empty," said Patrick De Haan, head of petroleum analysis for GasBuddy. "With OPEC holding back oil production and strong global oil demand, the situation will no doubt pave the road with even higher gas prices in the weeks ahead. Until several bottlenecks ease, including supply chains and low global inventories of oil, natural gas and coal, we'll be stuck feeling the pinch of rising oil and gasoline prices. The bad news is that for now, all I see is the upward trend at the pump continuing into the weeks ahead with no sign of relief just yet."
 

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.27, up seven cents from last week. One year ago, the price was $2.19. The New York State average is $3.35 – up seven cents from last week. A year ago, the NYS average was $2.26. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.33 (up seven cents from last week)
• Buffalo - $3.31 (up eight cents from last week)
• Ithaca - $3.36 (up eight cents from last week)
• Rochester - $3.35 (up eight cents from last week)
• Rome - $3.36 (up six cents from last week)
• Syracuse - $3.33 (up ten cents from last week)
• Watertown - $3.27 (up seven cents since last week)

Gasoline demand, the need for more oil production, and the price of crude oil all contribute to the fluctuating gas prices. OPEC+, which comprises the Organization of the Petroleum Exporting Countries (OPEC), and allied countries, chose not to move forward with an agreement to produce more crude oil in November. These factors combined led to an increase in gas prices locally and nationally. High crude prices (touching $78 per barrel) are keeping pump prices elevated.

From Gas Buddy:

"Last week saw oil prices advance to their highest in seven years, with a barrel of West Texas Intermediate crude oil surpassing the critical $80 per barrel level. The nation's gas prices were also pushed to their highest since 2014, all on OPEC's decision not to raise production more than it already agreed to in July," said Patrick De Haan, head of petroleum analysis for GasBuddy. "The OPEC decision caused an immediate reaction in oil prices, and amidst what is turning into a global energy crunch, motorists are now spending over $400 million more on gasoline every single day than they were just a year ago. The problems continue to relate to a surge in demand as the global economy recovers, combined with deep cuts to production from early in the pandemic. If Americans can’t slow their appetite for fuels, we've got no place for prices to go but up."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.20, up one cent from last week. One year ago, the price was $2.19. The New York State average is $3.28 – no change from last week. A year ago, the NYS average was $2.26. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.26 (down one cent since last week)
• Buffalo - $3.23 (no change since last week)
• Ithaca - $3.28 (no change since last week)
• Rochester - $3.27 (down one cent since last week)
• Rome - $3.30 (no change since last week)
• Syracuse - $3.23 (no change since last week)
• Watertown - $3.27 (up one cent since last week)

After holding steady for more than a week, the national average for a gallon of regular gasoline rose by a penny as oil prices continue to increase. The latest data from the Energy Information Administration (EIA) shows that gasoline demand increased. Locally, drivers are finding mostly stable pump prices this week. However, high crude prices (above $75 per barrel) will help keep pump prices elevated.

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.19, down one cent from last week. One year ago, the price was $2.19. The New York State average is $3.28 – no change from last week. A year ago, the NYS average was $2.27. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.27 (up one cent since last week)
• Buffalo - $3.23 (no change since last week)
• Ithaca - $3.28 (no change since last week)
• Rochester - $3.28 (no change since last week)
• Rome - $3.30 (no change since last week)
• Syracuse - $3.23 (down one cent since last week)
• Watertown - $3.26 (up one cent since last week)

The national average for a gallon of regular gasoline has decreased by a penny to $3.18. According to the latest data from the Energy Information Administration (EIA), total domestic gasoline stocks increased while demand remained low helping to put downward pressure on pump prices. This easing is likely caused by the traditional post-Labor Day/end of summer driving season drop-off in demand. As of last week, approximately 16% of crude production in the Gulf of Mexico remained shuttered due to Hurricanes Ida and Nicholas. As the recovery and restoration process continues, pump prices will likely continue to stabilize. However, high crude prices (well above $70 per barrel) will contribute to pump prices likely remaining elevated this fall.

From Gas Buddy: 

"Average gas prices saw little change from a week ago, declining slightly. But overall, prices remained near 2021's peak price set in early August due to Covid-19 supply and demand imbalances," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Relief in average gas prices has really only shown up west of the Rockies thus far, and may continue to be delayed by an active hurricane season which has prevented gas prices from their normal seasonal decline. While I am optimistic that we eventually will see a decline in price, the drop is not likely to be as noticeable as I had anticipated due to the above average hurricane season and as demand remains seasonally strong."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.20, up two cents from last week. One year ago, the price was $2.18. The New York State average is $3.28 – no change from last week. A year ago, the NYS average was $2.27. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.26 (up one cent since last week)
• Buffalo - $3.23 (no change since last week)
• Ithaca - $3.28 (up one cent since last week)
• Rochester - $3.28 (up one cent since last week)
• Rome - $3.30 (no change since last week)
• Syracuse - $3.24 (no change since last week)
• Watertown - $3.25 (no change since last week)

The national gas price average has reached $3.195 (which rounds up to $3.20) tying early August peaks and matching a 7-year-high. Much of the rise in prices is due to impacts from Hurricanes Ida and Nicholas on oil and refinery production. Reduced crude production combined with gradual refinery restarts has led to a drop in percent of crude utilization nationwide. Meanwhile, total domestic stocks are down as well. As the recovery process continues, some states have already seen prices jump by 10 cents in a week.

From Gas Buddy:

"Gas prices have been stuck in somewhat of a limbo and remain near 2021 highs long after Hurricane Ida has dissipated. The damage done to oil production has been left behind and so far has prevented prices from resuming their seasonal decline," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Ida caused the loss of over 30 million barrels of oil production in the Gulf of Mexico, and with gasoline demand remaining relatively high for the season, oil inventories remain relatively tight, preventing any organized decline in gas prices for the time being. As a result, we may have to wait a couple more weeks until hurricane season slows for oil inventories to start to rise and gas prices to fall."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.18, down one cent from last week. One year ago, the price was $2.20. The New York State average is $3.28 – no change from last week. A year ago, the NYS average was $2.28. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.25 (down two cents since last week)
• Buffalo - $3.23 (no change since last week)
• Ithaca - $3.27 (up one cent since last week)
• Rochester - $3.27 (no change since last week)
• Rome - $3.30 (up one cent since last week)
• Syracuse - $3.24 (down one cent since last week)
• Watertown - $3.25 (no change since last week)

Note: prices are compared to last Monday, Labor Day. The last gas price report was issued Tuesday after the holiday.

The national gas price average has held steady for several days at $3.18. The latest data from the Energy Information Administration shows that gas demand increased slightly from 9.58 million b/d to 9.61 million b/d — a healthy reading for the Labor Day weekend. Meanwhile, total domestic stocks took a major step back by 7.2 million bbl to 220 million bbl. Refinery utilization was down almost 10% to 81.9%, as refineries impacted by Ida continue to progress in their recovery efforts. With demand increasing and supplies tightening, some states have seen prices fluctuate, with some up by four cents and others lower by 3 cents. This has helped stabilize the national average this week. However, as oil prices remain high (over $70 per barrel), the national average is expected to stay above $3 per gallon.

From Gas Buddy:

"Sagging U.S. gasoline demand along with continued recovery after Hurricane Ida have helped gas prices edge slightly lower in most states from where they were a week ago. But with Tropical Storm Nicholas threatening another key area of refineries in Houston with significant rain, we could see the decline in prices hit the pause button," said Patrick De Haan, head of petroleum analysis for GasBuddy. "While Nicholas would appear to be a minor storm, we could see a deluge of water - the same issue that caused some significant damage in Ida's wake to refineries in Louisiana. Combined with the earlier storm, Nicholas could make things more challenging. However, as gasoline demand has now fallen for four straight weeks, there is more breathing room even if some capacity does temporarily go offline. It's too early to tell, clearly, but motorists should be aware."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.19, up four cents from last week. One year ago, the price was $2.22. The New York State average is $3.28 – up five cents from last week. A year ago, the NYS average was $2.30. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.25 (up one cent since last week)
• Buffalo - $3.23 (up seven cents since last week)
• Ithaca - $3.26 (up six cents since last week)
• Rochester - $3.28 (up eight cents since last week)
• Rome - $3.29 (up two cents since last week)
• Syracuse - $3.25 (up seven cents since last week)
• Watertown - $3.24 (up two cents since last week)

AAA expected a jump in gas prices following the storm and taking into account the demand surrounding the holiday weekend; motorists are expected to pay the most expensive gas prices since 2014. However, AAA is happy to report there is ample gasoline supply in the U.S. Once the impact of the Gulf Coast storm is mitigated, and winter blend fuel is in production, gas prices should begin to decline.

From Gas Buddy:

"As expected, Hurricane Ida's disruption to the oil and refining industry led gas prices to rise over the last week, though thankfully, the rise wasn't very significant," said Patrick De Haan, head of petroleum analysis for GasBuddy. "With several Louisiana refineries poised to have power restored in the days ahead, the impact on gas prices could soon reverse, and with gasoline demand now likely to decline with the close of the summer driving season, I see the odds rising that gas prices will soon begin a seasonal downturn, accelerated by the expiration of summer gasoline requirements on September 15. By Halloween, we could see the national average back under $3 per gallon."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.15, down one cent from last week. One year ago, the price was $2.23. The New York State average is $3.23 – up one cent from last week. A year ago, the NYS average was $2.30. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.24 (up two cents since last week)
• Buffalo - $3.16 (up two cents since last week)
• Ithaca - $3.20 (up two cents since last week)
• Rochester - $3.20 (up one cent since last week)
• Rome - $3.27 (no change since last week)
• Syracuse - $3.18 (no change since last week)
• Watertown - $3.22 (up one cent since last week)

Gas prices began to fluctuate over the weekend due to Hurricane Ida impacting the Gulf Coast, though mostly in states in the storm’s path. A storm like this typically causes an increase in fuel purchases in the market and a slowdown in production due to oil refinery shutdowns. Spikes in pump price due to the effects of the storm tend to be brief but dramatic. Furthermore, the upcoming Labor Day weekend holiday travel could push prices up based on demand.

From Gas Buddy:

"While the national average price of gasoline declined yet again over the last week, Hurricane Ida has been causing countless disruptions to critical infrastructure, including oil production, refineries and pipelines. We're likely to see a reversal this week, but motorists need not be too concerned at this point," said Patrick De Haan, head of petroleum analysis for GasBuddy. "I expect the national average to rise in the neighborhood of 5-15 cents per gallon in the next couple of weeks- far smaller than the impact from Hurricanes Katrina and Harvey, but with damage assessments still to come, it’s possible we see slight deviation from that. While Colonial Pipeline shut Lines 1 and 2 as a precaution, it’s highly unlikely that this will cause any long-term disruption to fuel supply as we saw months ago after the company was hacked. The biggest question for refineries will be the flooding- which could alter the rise in gas prices, but the odds of a massive surge in gas prices nationwide are extremely low."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.16, down three cents from last week. One year ago, the price was $2.19. The New York State average is $3.22 – no change from last week. A year ago, the NYS average was $2.25. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.22 (down two cents since last week)
• Buffalo - $3.14 (down one cent since last week)
• Ithaca - $3.18 (down one cent since last week)
• Rochester - $3.19 (down one cent since last week)
• Rome - $3.27 (no change since last week)
• Syracuse - $3.18 (down one cent since last week)
• Watertown - $3.21 (down one cent since last week)

Gas prices have dropped slightly as demand decreases since school is back in session in many parts of the country. In a recent report, the Energy Information Administration (EIA) notes that gas demand decreased while gasoline stocks increased leading to a cheaper national average price. If demand continues to soften and supply builds throughout this month, pump prices will likely continue to decline ahead of Labor Day weekend. However, strong holiday weekend travel would push prices up based on demand.

From Gas Buddy:

"Gasoline prices have started to slide over the last few days as oil prices have plunged, largely fueled by a continued global surge in Covid-19 cases and concern that fuel demand may shrink as more companies table return to work plans and the summer driving season comes to a close," said Patrick De Haan, head of petroleum analysis for GasBuddy. "Excluding the plunge in gasoline prices as Covid unfolded in 2020, Sunday saw one of the largest single day declines in the national average in nearly three years. The good news won't end there, either, as I fully expect the national average could drop back under $3 per gallon in the next three weeks. The bottom line for motorists is that if they don't absolutely need to fill up, they should avoid doing so as fuel prices are nearly guaranteed to continue to decline in every state in the coming week."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $3.19, with no change in the past week. One year ago, the price was $2.18. The New York State average is $3.22 – up one cent from last week. A year ago, the NYS average was $2.25. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.24 (up three cents since last week)
• Buffalo - $3.15 (no change since last week)
• Ithaca - $3.19 (down one cent since last week)
• Rochester - $3.20 (no change since last week)
• Rome - $3.27 (up one cent since last week)
• Syracuse - $3.19 (no change since last week)
• Watertown - $3.22 (down one cent since last week)

Summer gasoline demand is beginning to slow down. In a recent report, the Energy Information Administration (EIA) reported that gas demand dropped slightly, signaling that summer gas demand is likely softening as the school year starts in many parts of the country, in addition to COVID concerns. Additionally, total domestic gas stocks declined. The drop in demand has helped to minimize pump price increases. Crude prices have declined slightly due to market concerns that crude demand may not rebound this year as anticipated due to surging coronavirus infection rates across the globe. However, crude prices remain close to $70 per barrel, so AAA expects the national average to remain above $3 per gallon throughout the summer. Locally demand will likely remain high as Labor Day travel kicks in and students return to school later than in other parts of the country.

From Gas Buddy:

"As the number of Covid cases continues to surge globally, oil prices continue to be under pressure due to some countries instituting travel and movement limitations. This limits oil demand, which has led to the increase in gas prices slowing, and many states seeing slight drops compared to prices a week ago," said Patrick De Haan, head of petroleum analysis for GasBuddy. "In addition, the tropics are heating up, which could be a source of upward pressure on gas prices should we see a major hurricane target the Gulf Coast. However, without such a storm, gas prices may see some stability over the coming week or two, before slowly decreasing as the summer driving season wraps up."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.19, up one cent in the past week. One year ago, the price was $2.18. The New York State average is $3.21 – up one cent from last week. A year ago, the NYS average was $2.26. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.21 (up two cents since last week)
• Buffalo - $3.15 (no change since last week)
• Ithaca - $3.20 (no change since last week)
• Rochester - $3.20 (up one cent since last week)
• Rome - $3.26 (up one cent since last week)
• Syracuse - $3.19 (up one cent since last week)
• Watertown - $3.23 (up one cent since last week)

In its latest weekly report, the Energy Information Administration (EIA) reported that gas demand increased from 9.33 million b/d to 9.78 million b/d. Not only is the demand reading very robust for peak driving season, but 2% higher than the same time period in 2019. Additionally, total domestic gas stocks declined by 5.3 million bbl to 228.9 million bbl. These trends, combined with high crude prices, have helped to increase pump prices. As crude prices remain high, though back below $70/bbl, AAA expects the national average to remain above $3 per gallon throughout the summer.

From Gas Buddy:

"Motorists have seen average gas prices edge slightly higher over the last week, even as the price of oil saw selling pressure. This leads me to believe that the tide may soon turn on gas prices, so long as we don't see hurricanes target the country. In addition, GasBuddy data showed a decline in gasoline demand last week as we inch towards the end of the summer driving season, a time when demand softens," said Patrick De Haan, head of petroleum analysis for GasBuddy. "With the factors that drive prices higher now softening, I'm hopeful that in the next few weeks, we'll start to see average gas prices declining. However, motorists shouldn't get too excited yet - larger declines will likely not come until late September and October, as we transition back to cheaper winter gasoline."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.18, up two cents in the past week. One year ago, the price was $2.18. The New York State average is $3.21 – up two cents from last week. A year ago, the NYS average was $2.26. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $3.19 (up two cents since last week)
• Buffalo - $3.15 (up two cents since last week)
• Ithaca - $3.20 (up three cents since last week)
• Rochester - $3.19 (up three cents since last week)
• Rome - $3.25 (up one cent since last week)
• Syracuse - $3.18 (up two cents since last week)
• Watertown - $3.22 (up one cent since last week)

July was a busy month for travel and road trips - families are making the most of summer travel opportunities while many hotels are putting out the ‘no vacancy’ sign in popular beach destinations. The Energy Information Administration (EIA) reports that gas demand is up while total domestic gas stocks remain down. Oil prices are over $73 per barrel this morning while gas prices are up slightly across the board. There’s another month of summer travel ahead through Labor Day, and college students will begin their return to campuses in the meantime, so gas demand will likely remain high. AAA expects the national average to remain above $3 per gallon throughout the summer.

From Gas Buddy:

"The downward move in the national average last week was short-lived with the national average rebounding last week on continued strong gasoline demand in the U.S. which has pushed oil prices back up after a brief lull," said Patrick De Haan, head of petroleum analysis for GasBuddy. "According to GasBuddy data, demand last week set another 2021 high, eclipsing the previous week's record as we head into the prime of the summer driving season. For the next week or two, we may continue to see gas prices inch higher, but once schools begin re-opening and vacation season ends, we'll likely see demand trail off, allowing for gas prices to decline gently heading into Labor Day."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $3.16, down 1 cent in the past week. One year ago, the price was $2.18. The New York State average is $3.19 – down 1 cent from last week. A year ago, the NYS average was $2.27.

AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $3.17 (no change since last week)
• Buffalo -- $3.13 (up 1 cent since last week)
• Ithaca -- $3.17 (no change since last week)
• Rochester -- $3.16 (no change since last week)
• Rome -- $3.24 (down 1 cent since last week)
• Syracuse -- $3.16 (no change since last week)
• Watertown -- $3.21 (down 1 cent since last week)

The national average price for gasoline dropped from $3.17 a week ago to $3.156 (rounded up to $3.16) today. The Energy Information Administration (EIA) reports that gas demand continues to increase, but only slightly.

Additionally, total domestic gas stocks saw a slight decline. These trends have helped to stabilize price increases; however, crude oil prices have fluctuated in the past week over market concerns regarding the COVID-19 delta variant, and if they stay less expensive, it could mean cheaper prices ahead.

Though, AAA expects the national average to remain above $3 per gallon throughout the summer.

From GasBuddy:

"With oil prices struggling under the weight of a rise in new COVID-19 cases thanks to the Delta variant and OPEC's increase in oil production, average gas prices in most states finally drifted lower," said Patrick De Haan, head of petroleum analysis for GasBuddy.

"However, we aren't yet in the clear -- U.S. gasoline demand last week surged to a new 2021 high, besting the week prior to the July 4 holiday. This shows that motorists aren't slowing their appetite for hitting the road just yet, and that could further boost prices should demand remain hot.

For now, motorists should enjoy the perhaps brief respite at the pump and buckle up for what might be a bumpy finish to summer."