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AAA: National average gas price jumps 3 cents


Mon, Oct 1st 2018 12:10 pm
Motorists still waiting for fall price drop
By AAA of Western and Central New York
Today's national average price for a gallon of gasoline is $2.88, up 3 cents from last week. One year ago, the price was $2.56. The New York state average is $2.99 - the same as last week. A year ago, the state average was $2.75.
AAA Western and Central New York (AAA WCNY) reports the following averages:
  • Batavia - $2.95 (up 1 cent since last week)
  • Buffalo - $2.99 (no change since last week)
  • Ithaca - $2.90 (down a penny since last week)
  • Rochester - $2.93 (down a penny since last week)
  • Rome - $2.94 (no change since last week)
  • Syracuse - $2.92 (up 1 cent since last week)
  • Watertown - $3.01 (down a penny since last week)
Despite demand dropping and stocks growing, the national average price for gasoline has increased this week. The Energy Information Administration (EIA) reported the increase is likely the result of crude prices continuously increasing over the summer leading to an approximate $20 per barrel increase when compared to this time last year. It is now trickling over to retail gas prices. As more winter blend gasoline makes its way to stations, which is cheaper to produce, motorists across the country are likely to see relief at the pump. However, increasing crude prices could offset relief by making gasoline more expensive, because the cost of crude constitutes approximately 50 percent of the cost of gasoline, according to EIA.
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 reminds members they can receive discounts at NOCO gas stations, as well as Fastrac locations. Learn more HERE. One can find the lowest prices in the area at http://aaa.opisnet.com/index.aspx.
As upstate New York's largest member services organization, AAA Western and Central New York provides more than 870,000 members with travel, insurance, financial and automotive-related services. Since its founding in 1902, AAA has been a leading advocate for the safety and security of all travelers. Visit AAA at www.AAA.com.

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