Tuesday, April 30, 2024 | St. Lawrence County, NY
The New York State average price for a gallon of gas is $2.94, up five cents since last Monday. At this rate, the state average will likely hit $3 per gallon in St. Lawrence County before Memorial …
This item is available in full to subscribers.
To continue reading, you will need to either log in to your subscriber account, or purchase a new subscription.
If you are a digital subscriber with an active, online-only subscription then you already have an account here. Just reset your password if you've not yet logged in to your account on this new site.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
The New York State average price for a gallon of gas is $2.94, up five cents since last Monday. At this rate, the state average will likely hit $3 per gallon in St. Lawrence County before Memorial Day, according to AAA Western and Central New York and GasBuddy.
Today’s national average price for a gallon of gasoline is $2.81, which is up five cents compared to one week ago. One year ago, the price was $2.38 A year ago, the NYS average was $2.53. As predicted, prices continue to rise at the pump.
AAA Western reports the following averages: Batavia - $2.85 (up 5 cents in past week); Buffalo - $2.83 (up 4 cents in past week); Ithaca - $2.90 (up 5 cents in past week); Rochester - $2.87 (up 2 cents in past week); Rome - $2.94 (up 8 cents in past week); Syracuse - $2.92 (up 7 cents in past week) and Watertown - $2.95 (up 8 cents in past week).
On Friday, the national gas price average hit its highest price per gallon since 2015, when it reached $2.80. The last time the national average for unleaded regular gasoline was this expensive was June 13-20, 2015. The price went up by another penny over the weekend and may continue to climb. AAA predicts gas prices may increase by 5 to 10 cents more through Memorial Day, but does not expect the national average to hit $3/gallon this year. Gas prices are expected to stabilize this summer, with the understanding that if demand spikes, prices are likely to follow.
The reason for the increase in prices can be largely attributed to gas stations continuing to switchover to the more expensive summer blend of gasoline, which helps reduce excessive evaporation when outside temperatures rise. Gas stations around the country must begin selling summer blend gasoline by June 1 to comply with federal mandates. Now that spring break is behind us, demand for gasoline is taking a notable back step, falling by 774,000 b/d (barrels per day), according to the Energy Information Administration’s (EIA) latest petroleum report. At 9.083 million b/d, gasoline demand is now more in line with rates typically seen during the spring driving season.
