Drop in Pump Prices Accelerates as Summer Approaches
Drop in Pump Prices Accelerates as Summer Approaches
![Steady oil prices and tepid demand drive continue to down price at pump](/sites/default/files/2024-06/Pumping%20Gas%20Summer%20Young%20STOCK%20sq.jpeg)
Today’s national average price for a gallon of gasoline is $3.45, down eight cents from last Monday. One year ago, the price was $3.59. The New York State average is $3.62, down three 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 - $3.56 (down 5 cents from last Monday)
- Buffalo - $3.61 (down 3 cents from last Monday)
- Elmira - $3.45 (down 2 cents from last Monday)
- Ithaca - $3.66 (down 2 cents from last Monday)
- Rochester - $3.64 (down 2 cents from last Monday)
- Rome - $3.64 (down 5 cents from last Monday)
- Syracuse - $3.60 (down 2 cents from last Monday)
- Watertown - $3.68 (down 3 cents from last Monday)
Gasoline prices took another trip south this week, falling eight cents since last Monday to $3.45. According to new data from the Energy Information Administration (EIA), gas demand dipped last week, meanwhile total domestic gasoline stocks jumped up. This morning, oil prices rest in the mid-70s to low 80s, dropping slightly from last Monday. Tepid gasoline demand, increasing supply, and falling oil costs will likely lead to the continued falling of pump prices, offering motorists some savings as we move into the unofficial start of summer.
Diesel prices are also moving down. The national average price for diesel is $3.79, down six cents from last Monday. The New York average is $4.28, down three cents from last Monday.
To 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 now 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.