Gas prices down 2 cents statewide to $3.44 a gallon

By Tom Rivers, Editor Posted 21 March 2023 at 8:33 am

Gas prices in New York State from an average of 2 cents from March 13 to March 20, with the average price for regular unleaded at $3.44, AAA reported on Monday. A year ago, the NYS average was $4.37.

The average price nationally was down 3 cents to $3.44 on Monday.

Here are the average prices today for regular unleaded among Western New York counties:

  • Orleans, $3.383
  • Genesee, $3.379
  • Wyoming, $3.402
  • Livingston, $3.401
  • Monroe, $3.411
  • Niagara, $3.289
  • Erie, $3.374
  • Chautauqua, $3.518
  • Cattaraugus, $3.254
  • Allegany, $3.478

AAA issued this statement on Monday about gas prices:

“Global oil prices plunged into the low to mid $60 per barrel range last week, a level not seen since August 2021. Given that the cost of oil accounts for 55% of what we pay for gas, lower oil prices should bring pump prices down.

“However, gas stations paid for the fuel that is in their underground tanks weeks ago, when oil was nearly $15 more a barrel. So it will take time for significant savings to be reflected at the pump assuming that oil prices don’t rise again. This morning, oil prices range from $65 to $70 per barrel, down from $77 to $83 last week.”

“Diesel prices continue to fall. The national average price for a gallon of diesel is $4.29, down 5 cents from a week ago. Here in New York, the current average for diesel is $4.92, down 4 cents from last week.”