gas prices

Press release from AAA:

Today’s average is $1.98, which is 2 cents higher than a week ago. One year ago, the price was $2.83. The New York State average is $2.18 – same as last week. A year ago, the NYS average was $2.94.

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

• Batavia -- $2.22 (up 1 cent since last week)*
• Buffalo -- $2.20 (down 1 cent since last week)
• Ithaca -- $2.10 (down 2 cents since last week)
• Rochester -- $2.20 (no change since last week)
• Rome -- $2.18 (no change since last week)
• Syracuse -- $2.09 (up 1 cent since last week)
• Watertown -- $2.18 (no change since last week)

Due to more communities re-opening, the demand for gasoline is increasing, leading to an increase in national, state and local gas prices. As we transition through the reopening phases, and more businesses open across NYS, the demand will grow stronger and will continue to drive up local pump prices. Also, another contributing factor to the higher prices we typically see as the weather warms: summer blend fuel. This more expensive blend of gasoline cost more to produce than winter blend, which also impacts our pump prices during summertime.

*NOTE: The Batavia price reflects an average price for gas stations from throughout the county.

From GasBuddy:

"The pace of increases has begun to throttle back over the last week in most states as gasoline demand's recovery has slowed, keeping prices from matching their rapid pace from just a couple weeks ago.

Prices will continue to move in lockstep with the coronavirus situation, so it remains challenging to know where prices will go in the weeks ahead," said Patrick De Haan, head of petroleum analysis for GasBuddy.

"Oil prices saw another weekly rise, closing last week at over $35 per barrel due to a collision between oil production cuts and gasoline demand in the U.S. which has been on the mend, leading oil's rally.

"The recovery in gas prices is likely to continue, though at a slower pace than what we've seen, with $2 per gallon likely coming in the next week or two."

Press release from AAA:

After dropping to a low of $1.76 in April, the national gas price average is pennies away from hitting the $2/gallon mark. Today’s average is $1.96, which is 8 cents higher than a week ago, 19 cents more than last month, but still a significant 87 cents cheaper than the end of May 2019.

The more expensive pump prices can be attributed to fluctuations in crude and demand.

In the past week, crude oil hit its highest price point – nearly $34 per barrel – since the Administration declared the COVID-19 outbreak a national emergency and many states started implementing stay-at-home restrictions. While demand has been increasing since the end of April, it is down 28 percent compared to the first three weeks of May last year. 

“Americans have seen significantly cheaper-than-normal gas prices the past two months," said Elizabeth Carey, AAA spokesperson. "However, those low prices – as well as crude oil prices – have been inching upward.

"While motorists will see pump prices continue to increase, AAA does not expect the summer average to be as expensive as last year’s season.”

One factor that could cause a sudden spike in gas prices is the Atlantic hurricane season, which is June 1 through Nov. 30.

The National Oceanic and Atmospheric Administration predicts the 2020 season will be above-normal, potentially resulting in 13-19 named storms. An average Atlantic hurricane season typically produces 12 named storms, including three major hurricanes.

Here's a look at today’s average prices:

• Batavia -- $2.21 (up 1 cent since last week)*
• Buffalo -- $2.21 (up 2 cents since last week)
• Ithaca -- $2.12 (down 1 cent since last week)
• Rochester -- $2.20 (up 1 cent since last week)
• Rome -- $2.18 (up 6 cents since last week)
• Syracuse -- $2.08 (up 2 cents since last week)
• Watertown -- $2.18 (up 4 cents since last week)

From GasBuddy:

"Average gasoline prices across the United States continue to recover as more motorists take back to the roads as states relax previous shelter-in-place orders and begin filling their tanks, driving demand to continue rising," said Patrick DeHaan, head of petroleum analysis at GasBuddy.

"Since demand is a major ingredient in what drives gasoline prices and demand is likely to continue to rebound, it is also pushing the price of both crude oil and gas prices higher.

Unfortunately, thus far, refiners have started to input more crude oil into their refineries, but there has been some lag as refiners remain cautious on flooding the market with unwanted products.

As long as COVID-19 cases continue to drop over time and provinces reopen, I suspect it is only a matter of time before average price hits the $2 per gallon mark again, which could happen as early as this week."

*NOTE: Batavia's price is an average of gas stations throughout the Batavia micropolitan area (aka, Genesee County).

Press release from AAA:

Today’s national average price for a gallon of gasoline is $1.88, up 3 cents since last week. One year ago, the price was $2.85. The New York State average is $2.16 – up 1 cent from last week.

A year ago, the NYS average was $2.96. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.20 (down 1 cent since last week)
• Buffalo -- $2.19 (down 2 cents since last week)
• Ithaca -- $2.13 (no change since last week)
• Rochester -- $2.19 (no change since last week)
• Rome -- $2.12 (up 1 cent since last week)
• Syracuse -- $2.06 (no change since last week)
• Watertown -- $2.14 (up 1 cents since last week)

Gas prices are fluctuating around the country (with the highest prices in the Northeast and on the West Coast) as demand increases amid reopening phases and stocks begin to decrease. Local prices are also mixed this morning. Typically, this week brings some of the highest prices of the year as Memorial Day weekend approaches.

However, this year is anything but typical. One thing is certain, as regions across New York begin to reopen and destinations like campgrounds open for holiday recreation, the need for gasoline will increase. Motorists returning to work will also drive up demand. Expect prices to increase as more motorists hit the roads.

GasBuddy:

"The recovery in gasoline prices has continued across much of the country thanks to recovery in fuel demand as states reopen and motorists get out of the house as temperatures are more conducive to outdoor activity," said Patrick De Haan, head of petroleum analysis for GasBuddy.

"Oil prices continue to follow the gasoline-led recovery, with challenges still seen for portions of the refined oil barrel, including diesel and jet fuel.

"It's been a dramatic turn of events -- a month ago, gasoline was the least wanted portion of the barrel, and refiners acted quickly to respond to gasoline demand that dropped in half, but now as cabin fever hits Americans, gasoline demand has rebounded notably, which has caused oil prices to follow.

Expect the uptick to continue as we approach Memorial Day, but prices will still set multiyear lows for the holiday and may for a good portion of the summer as well, so there should remain optimism with motorists -- summer gas prices will remain quite low compared to previous years."

Press release:

Today’s national average price for a gallon of gasoline is $1.85, up 7 cents since last week. One year ago, the price was $2.87. The New York State average is $2.15 – down 1 cent from last week. A year ago, the NYS average was $2.96.

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

• Batavia -- $2.21 (down 2 cents since last week)
• Buffalo -- $2.21 (no change since last week)
• Ithaca -- $2.13 (no change since last week)
• Rochester -- $2.19 (up 1 cent since last week)
• Rome -- $2.11 (no change since last week)
• Syracuse -- $2.06 (no change since last week)
• Watertown -- $2.12 (down 1 cent since last week)

Increasing demand for gasoline continues to push pump prices up around the country, as more states reopen businesses. Gas demand is expected to continue to grow, leading pump prices to continue to rise. Reports from the Energy Information Administration (EIA) confirm that demand for gasoline has increased, though demand level is still lower than last year at this time.

Oil prices are fluctuating, but have gained some steam, as the market continues to believe that crude demand will increase as more states reopen businesses. However, global crude demand is expected to remain low due to COVID-19, tempering price spikes.

From GasBuddy:

"Gasoline demand continues rebound across the United States as more states reopen, with a week on week rise of nearly 5 percent, according to data from GasBuddy's free payments card. The boost in demand has led oil and gasoline prices to rally, and as long as states continue to loosen restrictions, it'll mean more motorists on the roads and filling their tank," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Most states saw prices rise last week, but yet again Great Lakes states, which were the largest beneficiaries of ultra-low prices, saw the most pain as retail gasoline prices fall back into their normal territory against the national average. For now, the continued recovery in gas prices will nearly completely depend on improvement in the coronavirus situation, as so long as refineries boost production again as demand continues to rise again."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $1.78, up 1 cent since last week. One year ago, the price was $2.90. The New York State average is $2.16 – down 2 cents from last week. A year ago, the NYS average was $2.97. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.23 (down 4 cents since last week)
• Buffalo -- $2.21 (down 2 cents since last week)
• Ithaca -- $2.13 (down 6 cents since last week)
• Rochester -- $2.18 (down 2 cents since last week)
• Rome -- $2.11 (down 2 cents since last week)
• Syracuse -- $2.06 (down 2 cents since last week)
• Watertown -- $2.13 (down 2 cents since last week)

After steadily declining because of low gas demand and cheap crude prices due to COVID-19, the national average for a gallon of regular gasoline has increased for the first time in 10 weeks.

Today’s national average is still historically low – at $1.78, which is $1.12 less than a year ago. Data from the Energy Information Administration reveals that domestic gas demand continues to increase, which helped to push up the national average. It grew from 5.31 million b/d (barrels per day) to 5.86 million b/d recently; however, it is still 3.37 million b/d lower than last year’s rate at this same time.

As more states aim to end their stay at home orders and businesses around the country begin to reopen, gas demand is likely to continue increasing and pump prices are likely to slow their decline and possibly increase as well. Local prices continue to drop as they are slower to react to national trends.

From GasBuddy:

"It's becoming a bit clearer that those 99 cent per gallon gas prices from the COVID-19 pandemic are solidly behind us as gasoline demand rebounds across the country as cities and states slowly reopen. The lowest-priced stations in the country will see some upward movement, but most areas will still see declines," said Patrick DeHaan, head of petroleum analysis at GasBuddy.

"While oil may continue to struggle, a disconnect between low oil prices and rising gasoline prices has emerged at the hands of refineries that have slowed production over the past month to avoid flooding the market with unwanted gasoline. As demand stages a rebound, it remains to be seen how quickly refiners will raise production to meet the locations that have or will begin to re-open in the days and weeks ahead.

"For now, expect prices to see upward potential- but only in the lower -- priced states -- as we await a boost in gasoline production."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $1.81, down 5 cents since last week. One year ago, the price was $2.84. The New York State average is $2.22 – down 3 cents from last week. A year ago, the NYS average was $2.88. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.27 (down 4 cents since last week)
• Buffalo -- $2.27 (down 4 cents since last week)
• Ithaca -- $2.26 (down 1 cent since last week)
• Rochester -- $2.22 (down 2 cents since last week)
• Rome -- $2.21 (down 3 cents since last week)
• Syracuse -- $2.14 (down 5 cents since last week)
• Watertown -- $2.19 (down 5 cents since last week)

Growing domestic gas supply and lower demand, as Americans practice social distancing, and low crude prices due to COVID-19 continue to push pump prices down. With Americans following stay at home orders and refiners producing excess gasoline, growing gasoline inventories and low demand will continue to push pump prices lower.

Crude oil prices have fallen steadily as the global public health, financial and economic impact of COVID-19 has increased. As a result of COVID-19, the International Energy Agency’s (IEA) monthly report for April 2020 revealed that global oil demand is projected to hit a 25-year low and fall by a record 9.3 million barrels per day this year.

According to IEA, global crude demand for April 2020 is expected to be 29 million barrels per day lower than April 2019 — a level unseen since 1995.

From GasBuddy:

"With another drop in the national average from a week ago, we've made it eight straight weeks of decline, and for the first time in GasBuddy's 20 year history, we have two cities that are averaging under $1 per gallon," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "That's right -- not a single station under $1, but the entire city average. Truly unprecedented demand destruction has been dismantling expensive gas prices everywhere.

"With oil again at new multi-decade lows, we still have room for prices to fall nearly countrywide, though areas with lower prices will see little decline, take Wisconsin for example, while higher priced states like California have the most room to decline. With the wounds to the oil industry growing deeper, it's becoming more likely that even after most Americans return to work, there will be a hangover to the low prices that many motorists will eventually be able to take advantage of."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $1.86, down 7 cents since last week. One year ago, the price was $2.82. The New York State average is $2.25 – down 5 cents from last week. A year ago, the NYS average was $2.82.

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

• Batavia -- $2.31 (down 7 cents since last week)
• Buffalo -- $2.31 (down 2 cents since last week)
• Ithaca -- $2.27 (down 5 cents since last week)
• Rochester -- $2.24 (down 3 cents since last week)
• Rome -- $2.24 (down 5 cents since last week)
• Syracuse -- $2.19 (down 5 cents since last week)
• Watertown -- $2.24 (down 5 cents since last week)

Gas prices continue to be unusually low. Two reasons for this dip in prices: COVID-19 – demand is historically low, and the oil price war between Russia and Saudi Arabia drove oil prices down. Oil prices directly impact pump prices.

Some gas stations across the United States are selling gas for less than $1 per gallon – the Native American reservations locally are doing this. Gas prices are higher in NYS due to three main factors: taxes, no refinery in New York State, and delivery challenges.

Typically, at this time of year, refineries would be switching over to summer-blend fuel, which is more expensive to make, and demand would be rising with Easter/spring break travel – but this is a very unique situation given the extremely low demand, no travel, and refineries stalling production.

From GasBuddy:

"As expected, and for the seventh straight week, the national average moved considerably lower, as well as gas prices in every state as retail prices continue to play catch up to the dramatic decline in market prices in recent weeks. And good news for consumers- contrary to popular belief, an OPEC deal over the weekend to cut oil production will actually not have a near-term impact on gasoline prices -- not even one bit," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Establishing a floor on ultra-low oil prices will hopefully keep U.S. oil production online instead of bankrupting producers. The aim is exactly that -- keep production online -- which will keep prices affordable going forward, instead of ultra-low prices shutting in oil production, leading to a slingshot in gas prices years from now.

"Going back to gas prices, I expect prices to continue moderating for now, as gasoline demand appears to remain near 50-year lows."

Also, the drop in fuel taxes, tolls mean less funding for roads maintenance

Press release from AAA:

Today’s national average price for a gallon of gasoline is $1.93, down 7 cents since last week. One year ago, the price was $2.74. The New York State average is $2.30 – down 4 cents from last week. A year ago, the NYS average was $2.76.

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

• Batavia - $2.38 (down 4 cents since last week)
• Buffalo - $2.33 (down 4 cents since last week)
• Ithaca - $2.32 (down 9 cents since last week)
• Rochester - $2.27 (down 6 cents since last week)
• Rome - $2.29 (down 5 cents since last week)
• Syracuse - $2.24 (down 4 cents since last week)
• Watertown - $2.29 (down 4 cents since last week)

Today, most states have gas price averages under $2 per gallon. New York State prices have dropped; however, the state remains in the top eight highest-priced states across the country.

The image in this link demonstrates gas prices across the United States. Typically, New York prices are higher than the national average and prices are slower to drop compared to most other states.

Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health, financial and economic impact of COVID-19.

The Energy Information Administration (EIA) released data that shows gas demand has decreased significantly. According to EIA’s historical gas demand data, demand has not been this low since 1993.

As more Americans practice social distancing, gas demand is likely to continue decreasing and push pump prices even lower.

From GasBuddy:

"The national average continues to fall as every state has seen yet another decline in average gas prices over the last week as overall oil demand remains constrained due to COVID-19," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"The decline has been most significant thus far in the Great Lakes, due to the region being landlocked and challenging to ship gasoline out of, prices have been depressed significantly, driving these states to some of the lowest prices in the country. In fact, Wisconsin yesterday saw its lowest state average for gasoline in nearly 6,300 days -- they haven't been lower since 2003.

"For those not in the Great Lakes, there's still good news: average prices will continue to play catch up for the next few weeks or longer. Do keep an eye on this week's potential meeting between major oil producers Russia and Saudi Arabia, however.

On hopes of a production cut, oil rallied nearly $7 per barrel last week, but tomorrow's meeting was postponed. If there is an oil production cut, it may establish a floor to oil prices, but motorists need not worry -- if there is a cut, it is highly unlikely to cause a surge in gas prices, as retail prices have not come close to matching the declines in wholesale prices to this point."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2, down 13 cents since last week. One year ago, the price was $2.69. The New York State average is $2.34 – down 6 cents from last week. A year ago, the NYS average was $2.73.

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

• Batavia -- $2.42 (down 3 cents since last week)
• Buffalo -- $2.37 (down 4 cents since last week)
• Ithaca -- $2.41 (down 7 cents since last week)
• Rochester -- $2.33 (down 6 cents since last week)
• Rome -- $2.34 (down 6 cents since last week)
• Syracuse -- $2.28 (down 6 cents since last week)
• Watertown -- $2.33 (down6 cents since last week)

Good news: low gas prices! Bad news: consumers don’t benefit! Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health, financial and economic impact of COVID-19 and the crude price war between Russia and Saudi Arabia.

Normally at this time of year, gas demand is growing and prices are on the rise. New data from the Energy Information Administration reveals that with many Americans staying at home and practicing social distancing, gas demand continues to drop dramatically. Gas prices have not been this low since 2016 and now more than half of the states in the United States have prices below $2. Gas demand is likely to continue decreasing and push gas prices cheaper. 

From GasBuddy:

"Today, we enter the 38th straight day the national average gas price has fallen, and the first week of the national average being under $2/gal for the first time in over four years as motorists park their cars and shelter in place, leading to an unprecedented drop never before seen in U.S. gasoline demand, causing prices to sink like a rock," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"With the nation continuing to be under siege from the coronavirus and millions staying parked at home, there's quite a bit more downside that's in the pipeline coming in the weeks ahead.

"We could easily see the national average fall 50 cents to a dollar per gallon, while pricey states like California will see the biggest drops to come, playing catch up to the drop that has seen 29 states average gas prices fall under $2.

"Motorists should continue to be vigilant if they need to fill their tanks -- bring hand sanitizer and potentially wipes, but also shop around as the gap between station widens to historic levels."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.13, down 13 cents since last week. One year ago, the price was $2.62. The New York State average is $2.40 – down 9 cents from last week. A year ago, the NYS average was $2.70.

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

• Batavia -- $2.45 (down 3 cents since last week)
• Buffalo -- $2.41 (down 4 cents since last week)
• Ithaca -- $2.48 (down 7 cents since last week)
• Rochester -- $2.39 (down 6 cents since last week)
• Rome -- $2.40 (down 12 cents since last week)
• Syracuse -- $2.34 (down 6 cents since last week)
• Watertown -- $2.39 (down 9 cents since last week)

The national average price for a gallon of gas has dropped 25 cents over the past two weeks. Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health and economic impact of COVID-19 and the crude price war between Russia and Saudi Arabia.

COVID-19 has forced gas prices down dramatically. Unfortunately, with limited travel and tourism, consumers are not benefiting.

Analysts with Oil Price Information Service (OPIS), which supplies gas price information to AAA, expect prices to continue to drop – possibly to $1.25 - $1.50 nationally by May. Some states are already below the $2 mark.

From GasBuddy:

"Gas prices have spent virtually all of March marching lower, with the drop continuing as the coronavirus destroys oil demand globally, leading to the lowest oil prices we've seen in 18 years, paving the way for still an additional 35-75 cent per gallon drop at most stations in the weeks ahead," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"I don't think I've ever seen such a collapse in prices, even including the Great Recession. What we're witnessing is easily going to go down as the great collapse in oil demand, and for motorists hurrying to fill up today, they're wasting their money as prices will continue to drop in the days ahead.

"Gas stations are passing along the drop several weeks behind, and there's plenty more room for prices to drop, putting 99 cents per gallon prices as a strong possibility for perhaps many more stations than we previously anticipated. This is truly an unprecedented turn of events."

Press release:

Today’s national average price for a gallon of gasoline is $2.38, down 6 cents since last week. One year ago, the price was $2.47. The New York State average is $2.56 – down 3 cents from last week.

A year ago, the NYS average was $2.59. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.55 (down 4 cents since last week)
• Buffalo -- $2.51 (down 2 cents since last week)
• Ithaca -- $2.59 (down 3 cents since last week)
• Rochester -- $2.52 (down 4 cents since last week)
• Rome -- $2.60 (down 1 cent since last week)
• Syracuse -- $2.47 (down 4 cents since last week)
• Watertown -- $2.55 (down 3 cents since last week)

The national average for a gallon of regular unleaded gasoline has decreased by 6 cents to $2.38. A healthy stock level and cheaper crude prices continue to push pump prices down.

The trend of pump prices facing downward pressure is likely to continue through the end of the winter driving season, especially amid concerns about the coronavirus causing the price of crude to decline.

However, the current refinery maintenance season could put pressure on regional refinery utilization, supply and gas prices during the run-up to the spring driving season. Once refineries switch over to summer blend fuel, prices will start to increase since that formula is more expensive to produce.

From GasBuddy:

"It's been an unprecedented week, one in which oil majors Russia and Saudi Arabia saw anything but eye to eye on lowering oil production, leading crude oil prices to plummet 20 percent in Sunday evening trade, combined with COVID-19 fears escalating, and gas prices have nowhere to go but down and like a rock," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Oil has now seen its value cut nearly in half after Iran tensions inflamed prices months ago and it doesn't immediately look like it will get any better. For motorists, I urge them to be in absolutely no hurry to fill up as gas prices will drop in nearly every nook and cranny of the country, from the smallest cities to the largest metros, at a time of year that prices are usually rising, we'll see anything but that. The national average came into March like a lamb and will likely be leaving like a lion, with prices roaring lower."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.44, down 3 cents since last week. One year ago, the price was $2.43. The New York State average is $2.59 – down 2 cents from last week. A year ago, the NYS average was $2.53.

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

• Batavia -- $2.59 (no change since last week)
• Buffalo -- $2.53 (down 1 cent since last week)
• Ithaca -- $2.62 (no change since last week)
• Rochester -- $2.56 (up 1 cent since last week)
• Rome -- $2.61 (down 1 cent since last week)
• Syracuse -- $2.51 (up 3 cents since last week)
• Watertown -- $2.58 (down 3 cents since last week)

Data from the Energy Information Administration shows that total domestic gasoline supplies remain high – and the level is much higher than one year ago. That has helped to push pump prices lower across the country as crude oil remains cheap.

Oil prices plummeted at the end of February as coronavirus shut down factories in China, which is the largest importer of oil. The drop in demand pushed oil prices down though some varieties (WTI & Brent Crude) have begun to inch up this morning.

The global drop in demand is likely to continue through the end of the winter driving season. However, refinery maintenance, which is just beginning now, could impact prices in the month of March.

From GasBuddy:

"As the spread of the coronavirus induces panic on markets, oil prices have been walloped and motorists should avoid filling up as the plummet in oil prices starts showing up at their local gas station in the days ahead," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Nearly every village, town and city in every state will see gas prices dropping -- the pace may vary, of course -- but over the next week gas prices will move lower solidly, barring any dramatic improvement in the spread of the virus.

The drop in oil is little comfort to those who've been watching the stock market fall, but gas stations have plenty of room to drop prices, in some cases nearly 25-35 cent drops over the next few weeks will happen.

My advice for motorists is delay buying gasoline and expect noticeable drops for the time being as the world obsesses over the spread of COVID-19."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.47, up 3 cents since last week. One year ago, the price was $2.39. The New York State average is $2.61 – no change from last week. A year ago, the NYS average was $2.52. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.59. (down 1 cent since last week)
• Buffalo -- $2.54 (down 2 cents since last week)
• Ithaca -- $2.62 (down 1 cent since last week)
• Rochester -- $2.55 (down 2 cents since last week)
• Rome -- $2.62 (no change since last week)
• Syracuse -- $2.48 (no change since last week)
• Watertown -- $2.61 (no change since last week)

The national average price for regular unleaded gasoline is $2.47 per gallon, which is 3 cents more than last week, 6 cents less than a month ago, and 8 cents more than a year ago.

With many people traveling for midwinter break, demand increased over the past week, which contributed to the spike in national gas prices.

Total national gasoline stocks also decreased last week, so that drop in supply also sent prices up nationally.

Demand will likely fluctuate in coming weeks with spring break travel and peak at Easter week.

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.43, down 4 cents since last week. One year ago, the price was $2.28. The New York State average is $2.63 – down 3 cents from last week. A year ago, the NYS average was $2.47. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.62 (down 1 cent since last week)
• Buffalo -- $2.57 (down 1cent since last week)
• Ithaca -- $2.64 (down 2 cents since last week)
• Rochester -- $2.59 (down 3 cents since last week)
• Rome -- $2.63 (down 1 cent since last week)
• Syracuse -- $2.50 (down 4 cents since last week)
• Watertown -- $2.64 (down 3 cents since last week)

The national average price for regular unleaded gasoline is $2.43 per gallon, which is 4 cents less than last week, 16 cents less than a month ago, and 16 cents more than a year ago. Data from the Energy Information Administration (EIA) shows that a high level of gasoline stocks and low demand continue to put downward pressure on pump prices across the country.

From GasBuddy:

"The nation's gas prices continue to fall to fresh lows as coronavirus fears continue to put a choke hold on oil prices, leading to the fourth straight weekly decline in the national average," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "All but a handful of states saw their averages decline over the last seven days, leading to plenty of smiling faces, but especially in the 21 states where at least one station is offering gasoline under $2 per gallon.

"It's impressive that in those 21 states, a total of over 10,000 stations are offering such low prices. With continued worries of economic slowdown due to the spread of coronavirus, I don't think the impact to oil is done yet, and for now, motorists are poised to see another week of falling gas prices."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $2.47, down 5 cents since last week. One year ago, the price was $2.26. The New York State average is $2.66 – down 3 cents from last week. A year ago, the NYS average was $2.49. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.63 (down 1 cent since last week)
• Buffalo -- $2.58 (down 3 cents since last week)
• Ithaca -- $2.66 (down 1 cent since last week)
• Rochester -- $2.62 (down 3 cents since last week)
• Rome -- $2.64 (down 3 cents since last week)
• Syracuse -- $2.54 (down 4 cents since last week)
• Watertown - $2.67 (down 2 cents since last week)

Gas prices continue to drop across the country and region. Motorists are using the cheaper winter blend fuel and demand is usually low at this time of year – combine that with higher domestic stock levels and gasoline prices drop. As long as oil prices don’t spike, we should continue to see more savings at the pump.

From GasBuddy:

"For the third straight week, motorists have been greeted by falling gasoline prices in virtually every corner in every city and state in the country," said Patrick DeHaan, head of petroleum analysis for GasBuddy. "Oil prices continue to sag on worries over the spread of the coronavirus, blowing the door wide open for a continued slump at the pump.

"Nearly 5,000 stations are currently selling gasoline under $2 per gallon, a critical psychological level, while some 17 states have at least one gas station under the mark. For most, there's no signs of the slump slowing, especially with fears of the spread of the Chinese-originating virus continuing to grow.

"Motorists need not be in a rush to fill up again, and with prices plummeting, I would urge them to be mindful that some stations are passing the drops on much faster and to shop around."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $2.52, down 3 cents since last week. One year ago, the price was $2.26.

The New York State average is $2.69 – down 2 cents from last week. A year ago, the NYS average was $2.51.

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

• Batavia -- $2.64 (no change since last week)
• Buffalo -- $2.61 (down 2 cents since last week)
• Ithaca -- $2.67 (down 1 cent since last week)
• Rochester -- $2.65 (down 2 cents since last week)
• Rome -- $2.67 (down 2 cents since last week)
• Syracuse -- $2.58 (down 4 cents since last week)
• Watertown -- $2.69 (down 1 cent since last week)

Gas prices continue their long-awaited descent – most metro areas across the region and seeing a drop in prices at the pump while state and national prices are also down. Increased stocks and low demand have helped to push the national average lower.

As these trends continue, motorists will likely continue to see pump prices decline.

From GasBuddy:

Worry has gripped oil markets, sending the commodity plunging in value in recent weeks with downdrafts in gas prices starting to accelerate with motorists continuing to be the beneficiaries," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"With oil prices now nearly $6 per barrel lower than a week ago and nearing their lowest level since October, there's plenty more room for the decline in gas prices to be extended again. While the national average could fall into the $2.30's before all is said and done, the downward move likely won't last much more than a few more weeks.

"For now, my advice to motorists is don't be in a rush to fill -- nearly every station nationwide will be cutting their prices in the days ahead -- but shop around if you do need to fill up and patronize the stations with the lowest prices."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.55, down 3 cents since last week. One year ago, the price was $2.24. The New York State average is $2.71 – down 1 cent from last week. A year ago, the NYS average was $2.53.

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

• Batavia -- $2.64 (down 3 cents since last week)
• Buffalo -- $2.63 (down 1 cent since last week)
• Ithaca -- $2.68 (down 2 cents since last week)
• Rochester -- $2.67 (down 2 cents since last week)
• Rome -- $2.69 (down 1 cent since last week)
• Syracuse -- $2.62 (down 1 cent since last week)
• Watertown -- $2.70 (down 1 cent since last week)

Gas prices have finally started to drop across the region. The usual January decline in prices was stalled due to the situation in the Middle East, which pushed oil prices up.

Today’s national price for a gallon of gasoline is down3 cents while state prices and all regional prices are lower than last week. As long as geopolitical situations don’t escalate, motorists should continue to see more relief at the pump.

January typically brings lower demand for gasoline and winter blend fuel is cheaper to produce.

From GasBuddy:

"With oil prices sagging lately, the door has been opened for a notable decline in U.S. gasoline prices, and that's exactly what has happened, with more declines likely coming ahead of us before the fun is over," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"The Midwest has been the largest beneficiary of seasonal effects thus far with prices in several areas there declining upwards of 10-15 cents per gallon.

The rest of the country will follow lower for the time being as demand for gasoline remains abysmal and the fuel being produced today will have to eventually be purged from the system over the next few months as refiners begin the transition to summer gasoline."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.58, no change since last week. One year ago, the price was $2.25. The New York State average is $2.72 – no change from last week.

A year ago, the NYS average was $2.55. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $2.67 (up 1 cent since last week)
• Buffalo - $2.64 (down 1 cent since last week)
• Ithaca - $2.70 (no change since last week)
• Rochester - $2.69 (no change since last week)
• Rome - $2.70 (up 1 cent since last week)
• Syracuse - $2.63 (down 1 cent since last week)
• Watertown - $2.71 (no change since last week)

With tensions still high in the Middle East, we’ve yet to see the expected drop in gas prices that usually comes in January. However, prices remain stable despite those geopolitical issues.

With increased domestic production, the U.S. is in a better position than in the past with less reliance on the Middle East. Analysts continue to monitor the situation in Iran along with oil prices, which have a direct impact on pump prices.

The mild winter weather also has more people traveling, so demand remains strong for gasoline at this time.

From GasBuddy:

"With Iran and the United States de-escalating rising tensions last week, oil prices plummeted back under $60 per barrel, a welcome sign for motorists who had believed gas prices were about to shoot up.

"For now, the reduced tensions may lead gas prices to again begin falling in most states over the next few weeks before seasonal factors then again push prices back up," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"We have a closing window of opportunity that will last about four more weeks in which we could see falling prices as demand for gasoline weakens, but by mid-February, that trend may wrap up. I don't expect to see prices fall more than 10-20 cents by then, but some clearance sales may happen in early February as refiners begin seeing challenges getting rid of the gasoline they're forced to produce.

"Bottom line: enjoy the falling prices while they last and cross your fingers that tensions continue to cool between the U.S. and Iran."

Press release from AAA:

Today’s national average price for a gallon of gasoline is $2.58, no change since last week. One year ago, the price was $2.24. The New York State average is $2.72 – up 2 cents from last week. A year ago, the NYS average was $2.59. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.66 (no change since last week)
• Buffalo -- $2.65 (no change since last week)
• Ithaca -- $2.70 (up 4 cents since last week)
• Rochester -- $2.69 (down 1 cent since last week)
• Rome -- $2.69 (up 4 cents since last week)
• Syracuse -- $2.64 (up 4 cents since last week)
• Watertown -- $2.71 (up 3 cents since last week)

Gas prices were expected to be lower at the start of the new year, but with oil prices on the rise, motorists are still awaiting a drop at the pump.

Oil prices continue to rise and that directly impacts pump prices. Analysts are keeping a close eye on escalating tensions in the Middle East. The death of the Iranian leader in a U.S. airstrike could eventually lead to higher gas prices.

However, the U.S. has increased domestic production in recent years, so the country is in a better position than in the past.

From GasBuddy:

"To start the first week of a new decade, the national average has seen little change, but with the U.S. targeting and Iranian general in an attack last week, there is a distinct possibility that escalations in tensions may have an affect on gas prices moving forward," said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"For now, there's been no physical disruption or retribution from Iran, but it has been promised. Oil markets have risen on the rising risk of Iran retaliating, but until it happens, don't expect gas prices to see much of a jump.

"For now, I could see a small 5-10 cent per gallon increase over the next couple of weeks, but the real potential for fireworks at the pump will be contingent on retaliation, and whether that retaliation targets oil infrastructure like Iran struck last year. For now we're in limbo, but typically gas prices decline slightly in January and February thanks to seasonally weak gasoline demand."

Press release from AAA: 

Today’s national average price for a gallon of gasoline is $2.55, no change since last week. One year ago, the price was $2.33. The New York State average is $2.69 – up 2 cents from last week. A year ago, the NYS average was $2.66. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia -- $2.65 (no change since last week)
• Buffalo -- $2.60 (down 1 cent since last week)
• Ithaca -- $2.66 (no change since last week)
• Rochester -- $2.65 (no change since last week)
• Rome -- $2.64 (up 3 cents since last week)
• Syracuse -- $2.60 (up 2 cents since last week)
• Watertown -- $2.68 (up 2 cents since last week)

Gas prices are relatively stable given the increase in demand for holiday travel this week. With so many motorists out and about for holiday shopping and for holiday road trips, demand is high.

Pump price savings, albeit it small, are expected to come to New York State by the end of the year and are likely to linger into next year.

AAA forecasts that motorists can expect gas prices to edge cheaper by about a dime in the coming weeks as regional refinery rates and gasoline stocks increase throughout the Northeast region.\

From GasBuddy:

"With motorists preparing to hit the road to celebrate Christmas with loved ones, the national average has seen its seventh weekly decline, falling to a fresh low since March, " said Patrick DeHaan, head of petroleum analysis for GasBuddy.

"Closing out 2019 will likely see some additional downward momentum, but the next million-dollar question motorists are beginning to ask: what will the new decade bring to the pump? What's 2020 going to look like?

"GasBuddy is preparing to answer those questions just in time for the New Year, but for now, motorists need not worry, and should continue to enjoy affordable gasoline prices in nearly all states- and that's a terrific end to 2019 as well."