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Drop in gasoline demand leads to stabilizing pump prices

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Mon, Aug 10th 2020 03:50 pm

NYS average remains same for two weeks

By AAA of Western and Central New York

Monday’s national average price for a gallon of gasoline is $2.18, the same for two weeks. One year ago, the price was $2.66. The New York state average is $2.26 – also the same for the past two weeks. A year ago, the state average was $2.85.

AAA Western and Central New York reports the following averages:

  • Batavia – $2.22 (down 2 cents since last week)
  • Buffalo – $2.18 (down 2 cents since last week)
  • Ithaca – $2.18 (no change since last week)
  • Rochester – $2.22 (down 1 cent since last week)
  • Rome – $2.30 (up 1 cent since last week)
  • Syracuse – $2.18 (down 1 cent since last week)
  • Watertown – $2.28 (no change since last week)

The Energy Information Administration (EIA) released its new weekly report and revealed gas demand fell. This decreasing demand for gasoline has helped pump prices stabilize and, if demand continues to drop, pump prices could push cheaper in the coming week.

Road trips are the preferred mode of travel, but travel levels are down significantly compared to last year. AAA reminds travelers to plan any road trips in advance and to use AAA’s COVID-19 travel restrictions map and TripTik.AAA.com to prepare for the latest state and local travel restrictions.

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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