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Gas demand at lowest level since 1993, but New York prices among highest in nation

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Mon, Apr 6th 2020 02:40 pm

By AAA of Western and Central New York

Today’s national average price for a gallon of gasoline is $1.93, down 7 cents since last week. One year ago, the price was $2.74. The New York average is $2.30 – down 4 cents from last week. A year ago, the state average was $2.76.

AAA Western and Central New York (AAA WCNY) reports the following averages:

  • Batavia - $2.38 (down 4 cents since last week)
  • Buffalo - $2.33 (down 4 cents since last week)
  • Ithaca - $2.32 (down 9 cents since last week)
  • Rochester - $2.27 (down 6 cents since last week)
  • Rome - $2.29 (down 5 cents since last week)
  • Syracuse - $2.24 (down 4 cents since last week)
  • Watertown - $2.29 (down 4 cents since last week)

Today, most states have gas price averages under $2 per gallon. New York prices have dropped; however, the state remains in the top eight highest-priced states across the country. The image in this link demonstrates gas prices across the U.S.: https://gasprices.aaa.com/.

Typically, New York prices are higher than the national average and prices are slower to drop compared to most other states. Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health, financial and economic impact of COVID-19. The Energy Information Administration (EIA) released data that shows gas demand has decreased significantly. According to EIA’s historical gas demand data, demand has not been this low since 1993. As more Americans practice social distancing, gas demand is likely to continue decreasing and push pump prices even lower.

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. One can find the lowest prices in the area at http://aaa.opisnet.com/index.aspx. 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.

As upstate New York’s largest member services organization, AAA Western and Central New York provides more than 887,000 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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