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Gas prices continue to drop: 2019 starts out with falling cost

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Mon, Jan 7th 2019 02:05 pm

By AAA of Western and Central New York

Today’s national average price for a gallon of gasoline is $2.24, down 3 cents from last week. One year ago, the price was $2.49. The New York state average is $2.58, down 4 cents from last week. A year ago, the state 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 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 880,000 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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