Press release from AAA:
Today’s national average price for a gallon of gasoline is $2.22, down 1 cent from last week. One year ago, the price was $2.56. The New York State average is $2.29 – the same as last week. A year ago, the NYS average was $2.74
AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia -- $2.22 (down 2 cents since last week)
- Buffalo -- $2.25 (down 1 cent since last week)
- Ithaca - $2.21 (down 2 cents since last week)
- Rochester -- $2.27 (down 2 cent since last week)
- Rome -- $2.33 (no change since last week)
- Syracuse -- $2.23 (down 1 cent since last week)
- Watertown -- $2.34 (no change since last week)
Compared to last week, when local pump prices saw an increase after Hurricane Laura, prices are slowly dropping. Motorists saw plenty of savings at the pump from Memorial Day through Labor Day.
The national gas price average during the unofficial start and stop to summer was $2.15 -- the cheapest since 2004. Demand was decimated this summer, which ultimately meant increased supply and cheap gas prices. That trend continues.
“Summer may be fading into the rearview mirror, but less expensive gas prices are not,” said Elizabeth Carey, AAA spokesperson. “Moving into fall we traditionally see a drop in demand and further savings at the pump. This year that means pump prices could possibly push even lower then we’ve already seen in 2020.”
From GasBuddy:
"Gas prices have started to fall as expected as oil prices have fallen slightly since Hurricane Laura moved on and as seasonal challenges come to into view," said Patrick De Haan, head of petroleum analysis for GasBuddy.
"We'll likely see additional downward movement in the weeks ahead with gasoline demand set to decline as we move into the fall months and as COVID-19 restrictions keep demand from rallying.
"It's entirely possible we could see the national average fall under $2 per gallon by the end of the year without a major improvement in the situation."
