Crude Oil Prices Continue to Rise

Crude Oil Prices Continue to Rise

Gas prices increased with holiday travel
April S. Engram
paying at the gas pump

Today’s national average price for a gallon of gasoline is $3.13, up three cents in the past week. One year ago, the price was $2.18. The New York State average is $3.18 – up three cents from last week. A year ago, the NYS average was $2.25. AAA Western and Central New York (AAA WCNY) reports the following averages:

  • Batavia - $3.14 (up four cents since last Monday)
  • Buffalo - $3.12 (up five cents since last Monday)
  • Ithaca - $3.18 (up seven cents since last Monday)
  • Rochester - $3.16 (up six cents since last Monday)
  • Rome - $3.24 (up two cents since last Monday)
  • Syracuse - $3.16 (up two cents since last Monday)
  • Watertown - $3.21 (up three cents since last Monday)

Crude oil prices have significantly increased in the last seven months. Following the Independence Day holiday weekend, AAA expects crude oil prices, and in turn gas prices, to increase and stay expensive through the end of summer. The market has supported increasing crude oil prices in reaction to these variables: 

  • confidence in worldwide vaccination rollout
  • global oil demand spikes
  • easing of travel restrictions and optimism for leisure travel 

Crude oil accounts for more than half of the price at the pump. As it increases, so does the price consumers pay.

Motorists can benefit from comparing pump prices before filling up with the AAA Mobile App for iPhone, iPad, and Android - a convenient option to find the lowest gas prices in a given area. Plus, the app is the quickest way to request roadside assistance, map a route, find discounts, or book a hotel. 

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. AAA members can save on gas by joining the Fuel Rewards at Shell program. Save 30 cents per gallon on your first fill-up at Shell when you join between July 1 and August 31, 2021. Join now at AAA.com/Shell.

Motorists can also locate gas prices across the country and stay up-to-date on the latest news and fuel-saving tips at:

AAA Gas Prices

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