Oil Prices Drop Below $80 Per Barrel

Oil Prices Drop Below $80 Per Barrel

Gasoline demand expected to increase this week with holiday travel 
Elizabeth Carey
silhouettes of oil pumpjacks in the sunset

Today’s national average price for a gallon of gasoline is $3.41, down one cent from last week. One year ago, the price was $2.11. The New York State average is $3.57 – up one cent from last week. A year ago, the NYS average was $2.22. AAA Western and Central New York (AAA WCNY) reports the following averages:

  • Batavia - $3.47 (up two cents from last week)
  • Buffalo - $3.47 (no change from last week)
  • Ithaca - $3.52 (no change from last week)
  • Rochester - $3.53 (no change from last week)
  • Rome - $3.58 (up one cent from last week)
  • Syracuse - $3.51 (no change from last week)
  • Watertown - $3.60 (up one cent since last week)

Gas prices are relatively steady to start this week as oil prices dropped below $80 per barrel. Demand also declined over the past week according to the Energy Information Administration (EIA). However, demand is expected to increase this week with Thanksgiving travel getting underway.

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. 

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. 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