Gas Prices Tick Up One Penny Statewide

A green gas pump nozzle is inserted into the fuel tank opening of a silver car.
A green fuel pump nozzle fills the tank of a vehicle, illustrating the ongoing trend of rising gas prices.

The average price for a gallon of gasoline across New York State has ticked up a penny over the last week. AAA of Western and Central New York reported the New York average on Monday is $3.16. One year ago, the New York State average was $3.55.

AAA reports the national average price for a gallon of gasoline on Monday is $3.05, down three cents from last week.

Now that December is here, gas prices continue to decline at the national level along with demand. According to the latest data from the Energy Information Administration (EIA), gas prices decreased minimally last week just ahead of Thanksgiving holiday travel. Monday morning, oil trading was in the high $60s to low $70s per barrel. With low oil costs and tepid domestic gasoline demand after Thanksgiving, pump prices could continue to drop over the next few weeks.

For drivers who use diesel fuel, the national average price for diesel is $3.54, up one cent from last Monday. The New York average is $3.87, no change from last Monday.

 

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