Featured News - Current News - Archived News - News Categories

Metro Creative Graphics
Metro Creative Graphics

Gas prices continue falling in June

Submitted

Mon, Jun 3rd 2024 10:35 am

Steady oil prices and tepid demand drive down price at pump

Submitted by AAA of Western and Central New York

Today’s national average price for a gallon of gasoline is $3.53, down 6 cents from last Monday. One year ago, the price was $3.56. The New York state average is $3.65, down 2 cents from last Monday. A year ago, the NYS average was $3.70.

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

  • Batavia – $3.61 (down 1 cent from last Monday)
  • Buffalo – $3.64 (no change from last Monday)
  • Elmira – $3.47 (down 4 cents from last Monday)
  • Ithaca – $3.68 (no change from last Monday)
  • Rochester – $3.66 (down 1 cent from last Monday)
  • Rome – $3.69 (down 1 cent from last Monday)
  • Syracuse – $3.62 (down 3 cents from last Monday)
  • Watertown – $3.71 (down 1 cent from last Monday)

The national average for a gallon of regular gasoline is down 6 cents from last week to $3.53, the largest one-week drop so far in 2024. The national average has also dipped below the average price from one year ago. New Yorkers are also seeing pump prices fall.

Steady oil prices, with the cost for a barrel of oil resting in the high $70s to low $80s, and modest demand for gasoline overall, is offering motorists some savings as we move into the unofficial start of summer. The latest data from the Energy Information Administration indicates gas demand is down, while supply is up slightly.

Diesel prices are moving down. The national average price for diesel is $3.85, down 2 cents from last Monday. The New York average is $4.31, down 3 cents from last Monday.

‚ÄčTo conserve fuel, motorists should map routes, avoid peak traffic times like rush hour, and combine errands into one trip while using cruise control when possible. Drivers should also make sure tire pressure is at the vehicle’s recommended level for the best gas mileage, while removing any unnecessary and bulky items from the car since it takes more fuel to accelerate a heavy vehicle. Get more tips here: https://gasprices.aaa.com/news/fuel-saving-tips/. Motorists can benefit from comparing pump prices before filling up with the AAA mobile app for iPhone, iPad and Android.

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell. Learn more here. AAA members can save on gas by joining the Fuel Rewards at Shell program. Join at AAA.com/Shell. Motorists can also locate gas prices across the country and stay up-to-date on news and fuel-saving tips at http://gasprices.AAA.com.

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

Hometown News

View All News