Gas Prices Continue to Increase
Gas Prices Continue to Increase
Today’s national average price for a gallon of gasoline is $2.86, up nine cents from last week. One year ago, the price was $2.27. The New York State average is $2.90 – up seven cents from last week. A year ago, the NYS average was $2.50. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia - $2.84 (up eight cents since last week)
- Buffalo - $2.82 (up five cents since last week)
- Ithaca - $2.87 (up seven cents since last week)
- Rochester - $2.87 (up six cents since last week)
- Rome - $2.92 (up six cents since last week)
- Syracuse - $2.85 (up five cents since last week)
- Watertown - $2.92 (up six cents since last week)
Rising crude prices, tightening gas supplies, and increased gas demand continue to drive pump prices to higher ground. According to new data from the Energy Information Administration (EIA), total domestic gas stocks are down while demand is up. Last week’s demand measurement is the highest since the end of November 2020. If these trends continue alongside higher crude prices, drivers can expect pump prices to increase.
Meanwhile oil prices are inching closer to $70 per barrel. Market optimism about crude demand recovery continues to push crude prices higher. As vaccines continue to rollout and optimism grows, the market is likely to continue seeing higher crude prices.
Motorists can benefit from comparing pump prices before filling up with the AAA Mobile App - a convenient option to find the lowest gas prices in a given area. Plus, the app is the quickest way to request roadside assistance. Learn more at www.AAA.com/Mobile.
AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. Motorists can always find current gas prices along their route with the free AAA Mobile app for iPhone, iPad, and Android. The app can also be used to map a route, find discounts, book a hotel, and access AAA roadside assistance.
Locate gas prices across the country at: