Gas Prices Continue to Drop

Gas Prices Continue to Drop

gas prices
2019 Starts Out with Falling Gas Prices
Region
All Regions
Elizabeth Carey

Today’s national average price for a gallon of gasoline is $2.24, down three cents from last week. One year ago, the price was $2.49. The New York State average is $2.58 – down four cents from last week. A year ago, the NYS average was $2.67. AAA Western and Central New York (AAA WCNY) reports the following averages:

 

  • Batavia - $2.68 (down 1 cent since last week)
  • Buffalo - $2.64 (down 4 cents since last week)
  • Ithaca - $2.42 (down 4 cents since last week)
  • Rochester - $2.55 (down 5 cents since last week)
  • Rome - $2.56 (down 4 cents since last week)
  • Syracuse - $2.46 (down 4 cents since last week)
  • Watertown - $2.63 (down 7 cents since last week)


With OPEC production cuts in the works, analysts are closely watching the price of oil, which is a factor that could push gas prices back up. However, AAA expects to see minimal volatility at the start of the cartel’s production cuts. Oil prices would have to go up by about $30 per barrel to push gas prices back to the $3 per gallon range. January is a low demand month for gasoline so a sharp spike in prices is not expected in coming weeks.

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 http://gasprices.aaa.com.

AAA WCNY wants to remind members that they can receive discounts at NOCO gas stations, as well as Fastrac locations. Learn more here. You can find the lowest prices in your area at http://aaa.opisnet.com/index.aspx.

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