National Gas Price Average Drops by Two Cents

National Gas Price Average Drops by Two Cents

Lower Oil Prices Keep Pump Prices Stable as Gas Demand Increases
Elizabeth Carey
Gas pumps at the gas station

Today’s national average price for a gallon of gasoline is $3.31, down two cents from last week. One year ago, the price was $2.22. The New York State average is $3.51, down 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 - $3.46 (down one cent from last week)
  • Buffalo - $3.46 (no change from last week)
  • Ithaca - $3.50 (no change from last week)
  • Rochester - $3.51 (no change from last week)
  • Rome - $3.53 (down one cent from last week)
  • Syracuse - $3.47 (down one cent from last week)
  • Watertown - $3.54 (down one cent from last week)

Since Monday, the national average for a gallon of regular gasoline has decreased by two cents to $3.31. According to the Energy Information Administration (EIA), total domestic gasoline stocks are down while demand is on the rise. Typically, growing demand and tight supply would result in rising pump prices, but fluctuations in the price of crude oil have helped to put downward pressure on prices. This morning, oil prices are below $70 per barrel. Gasoline demand will likely increase with holiday travel and then drop in January when we typically see the cheapest prices of the year.

To conserve fuel, motorists should map routes, avoid peak traffic times like rush hour, and combine errands into one trip while using cruise control when possible. Drivers should also make sure tire pressure is at the vehicle’s recommended level for the best gas mileage while removing any unnecessary and bulky items from the car since it takes more fuel to accelerate a heavy vehicle.

Motorists can benefit from comparing pump prices before filling up with the AAA Mobile App for iPhone, iPad, and Android - a convenient option to find the lowest gas prices in a given area. Plus, the app is the quickest way to request roadside assistance, map a route, find discounts, or book a hotel. 

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. AAA members can save on gas by joining the Fuel Rewards at Shell program. Join now at AAA.com/Shell.

Motorists can also locate gas prices across the country and stay up-to-date on the latest news and fuel-saving tips at http://gasprices.aaa.com.