New York State saw an increase in the average gas price this week, bringing it up to $3.82 per gallon.
Last Monday, that price was $0.14 less than it is now. This comes after the state saw a major decline over the last several weeks.
Gas demand has risen, but is still lower than what it was last year, according to Rochester First.
Gas prices in New York State
The national average for a gallon of gas right now is $3.76, according to AAA. That’s three cents less than last week.
The following areas have seen the corresponding increase in the last week
- Batavia $3.75, up 2 cents
- Buffalo $3.75, up 9 cents
- Elmira $3.76, up 24 cents
- Ithaca $3.80, up 9 cents
- Rochester $3.79, up 9 cents
- Rome $3.85, up 10 cents
- Syracuse $3.73, up 14 cents
- Watertown $3.83, up 13 cents
President Biden released 15 million barrels of oil from the reserve to keep prices down.
The barrels are coming out of an earlier planned release, so the market probably already has the price impact factored it for oil prices.
The restock for reserves will happen when oil prices drop between $67 and $72 per barrel.
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