Gas prices down 7 cents in Orleans in past week

By Tom Rivers, Editor Posted 8 January 2024 at 11:25 am

The average price for regular unleaded gas has dropped 7 cents in Orleans County since Jan. 2, according to AAA.

The price is down in Orleans County from $3.58 to $3.51. Today’s national average price for a gallon of gasoline is $3.08, down three cents in the past week. In New York State, the average is $3.32, down three cents. A year ago, the NYS average was $3.45.

These are the average prices today among WNY counties:

  • Orleans, $3.511
  • Genesee, $3.377
  • Wyoming, $3.524
  • Livingston, $3.540
  • Monroe, $3.301
  • Niagara, $3.339
  • Erie, $3.477
  • Chautauqua, $3.370
  • Cattaraugus, $3.291
  • Allegany, $3.527

AAA issued this statement about gas prices:

“Gas prices continue to drop along with demand with fewer people fueling up after the peak of holiday road travel.

“According to the latest data from the Energy Information Administration (EIA), gas demand nosedived after holiday travel. Meanwhile, total domestic gasoline stocks increased substantially.

“Weak gas demand, alongside increased supply, has pushed pump prices lower. However, fluctuating oil prices have limited price decreases. If gas demand remains weak, drivers will likely continue to see pump prices trickle downward.  This morning, oil prices range from $73 to $78 per barrel.

“Diesel prices are also moving lower. The national average price for diesel is $3.95, down three cents from one week ago, and down from $4.66 a year ago. The New York average for diesel is $4.44, down two cents from a week ago, and lower than $5.34 one year ago.”