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Gas prices drop slightly: Prices stabilize, but not for long

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Mon, Jan 23rd 2017 01:25 pm

By AAA of Western and Central New York

The national average price for regular unleaded gasoline is now $2.31 per gallon, down 3 cents from last week, but up 47 cents from one year ago. The New York state average is $2.52 per gallon, down 2 cents from last week. A year ago, the state average was $2.11.

AAA Western and Central New York reports the following averages:

  • Buffalo - $2.47, no change
  • Rochester - $2.46, down 1 cent
  • Rome - $2.45, down 2 cents
  • Syracuse - $2.40, down 3 cents

Gas prices across much of the Mid-Atlantic and Northeast remain relatively steady. Despite the downward price movement, New York was on the list of top 10 most expensive markets in the country over the past week.

The slight decrease in retail prices may only be temporary as gas is expected to cost more in 2017 than last year as the Organization of the Petroleum Exporting Countries cuts production.

OPIS (Oil Price Information Service) warns drivers to prepare for an increase this spring, in April and May, as refineries will flush the old gasoline out and replace it with new summer blend gasoline, which could mean higher prices for travelers. AAA will continue to monitor prices throughout the year.

Motorists can 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 they can receive discounts at NOCO gas stations, as well as Fastrac locations. Learn more HERE. Find the lowest prices in your area at http://aaa.opisnet.com/index.aspx.

As upstate New York's largest member-services organization, AAA provides nearly 860,000 members with travel, insurance, financial and automotive-related services. Since its founding in 1900, AAA has been a leading advocate for the safety and security of all travelers. Visit AAA at www.AAA.com.

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