Gas prices hold steady in Orleans, down 8 cents nationally in past week
Photo by Tom Rivers: The price for gas at the Medina Crosby’s on Saturday included $4.19 for regular unleaded, $5.09 for premium and $5.99 for diesel.
The average price for a gallon of gas in Orleans County stayed at $4.18 a gallon today, the same price as a week ago. That price at $4.176 is the highest among the Western New York counties today.
The national average price for a gallon of gasoline is $4.05, down 8 cents from last Monday. One year ago, the price was $3.16, AAA reported today.
The state-wide average is $4.11 today, which is down 2 cents from a week ago. A year ago, it was $3.09, AAA said.
“Gas prices began to drop last week following a sharp decline in oil prices after the announcement of a two-week ceasefire between the U.S. and Iran,” AAA said this morning in a news release. “Since then, the price for a barrel of crude oil has continued to trade below $100. However, maritime traffic transiting the Strait of Hormuz remains subdued as regional tensions persist and negotiations continue.
“This morning, oil prices range from $88 to $94 per barrel. According to the latest data from the Energy Information Administration (EIA), gasoline demand is up while total domestic gasoline supply is down. Meanwhile, gasoline production is on the rise.”
Here are the average prices among WNY counties:
- Orleans, $4.176
- Genesee, $4.158
- Monroe, $4.170
- Niagara, $4.078
- Erie, $4.166
- Wyoming, $4.150
- Livingston, $4.174
- Chautauqua, $4.124
- Cattaraugus, $3.877
- Allegany, $4.080
The highest price in the state is in Manhattan at $4.408.
The diesel price is at $5.920 today, which is down 3 cents from a week ago. A year ago, diesel was at $3.906.
