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AAA reports slight increase in gas prices amid hurricane, heat concerns

  • / Updated:
  • Staff Report 

According to AAA, the national average for a gallon of gasoline this Monday was $3.87, marking a 2-cent increase from the previous week.


In contrast, the gas price in the Finger Lakes remained static at $3.91, matching New York State’s unchanged average of $3.92. Region-specific averages in New York presented a mix of minor increases and decreases: notable among them, Watertown saw a 3-cent spike to reach $4.00, while Batavia witnessed a 1-cent reduction to $3.85.

Although the national average has experienced a slight surge, it comes amidst decreasing demand and dropping oil prices, which have been grappling to maintain above the $80 per barrel mark. However, the looming threat of hurricanes combined with predictions of an expansive heat dome over states like Texas, Oklahoma, and Kansas could potentially drive oil prices upwards. This is due to the anticipated need for refineries in these states to scale down production in response to the sweltering conditions. Even with the current reduced demand for gas, these meteorological factors might hinder any significant drop in gas prices until mid-September or possibly later.



Categories: New York StateNews