U.S. Gas Prices Increase Slightly with Demand
U.S. Gas Prices Increase Slightly with Demand
The national average price for a gallon of gasoline is $2.93, up three cents from last Monday. One year ago, the price was $3.16. The New York State average is $2.99, the same price for the past two Mondays. A year ago, the NYS average was $3.18. AAA Western and Central New York (AAA WCNY) reports the following averages:
- Batavia - $3.03 (no change from last Monday)
- Buffalo - $3.07 (no change from last Monday)
- Elmira - $2.79 (down 1 cent from last Monday)
- Ithaca - $3.11 (no change from last Monday)
- Rochester - $3.06 (down 1 cent from last Monday)
- Rome - $3.11 (up 2 cents from last Monday)
- Syracuse - $2.96 (no change from last Monday)
- Watertown - $3.03 (no change from last Monday)
Drivers may notice pump prices ticking up a bit this President’s Day as the national average inches upward. However, gas prices remain lower than one year ago, which is good news for those driving to vacation destinations over mid-winter school break. According to the latest data from the Energy Information Administration (EIA), gasoline demand has increased along with supply. Gasoline production is also up, averaging 9.1 million barrels per day.
This morning, oil is trading in the low to mid $60s, which should keep gas prices somewhat stable. EIA reports that U.S. crude oil inventories are about 3% below the five-year average for this time of year.
When it comes to EV charging, the national and state averages for L2 commercial electricity is up slightly. Today’s national average per kilowatt hour of electricity at a public EV charging station is up a penny to 39 cents. New York’s rate is also 39 cents. The state is home to 17,438 chargers. An estimated 1.2 million AAA members live in households with one or more electric vehicles.
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. Get more tips here: https://gasprices.aaa.com/news/fuel-saving-tips/. Motorists can benefit from comparing pump prices before filling up with the AAA Mobile App for iPhone, iPad, and Android.
AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell. 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 news and fuel-saving tips at http://gasprices.AAA.com.








