Gas prices jump another 24 cents in past week
Gas prices went up another 24 cents a gallon for regular unleaded in New York State last week to $4.76, which is an all-time high, AAA reported this morning. A year ago, the NYS average was $3.06.
The national average is at $4.48, which is up 15 cents in the past week.
The prices for counties in the region include:
- Orleans, $4.685
- Genesee, $4.652
- Monroe, $4.700
- Livingston, $4.676
- Wyoming, $4.641
- Niagara, $4.550
- Erie, $4.648
In northern New York, in the counties of Clinton and Franklin, the average price for regular unleaded is $4.820. In Queens, the price is $4.861. Rockland is the highest in the state at $4.955.
Regular unleaded is at all-time high at $4.759. Diesel hit an all-time high on May 15 at $6.503 a gallon. Today it is down about a penny to $6.494.
Here is a press release from AAA this morning:
“Today marks record high gas prices at the national, state, and local level. According to the latest data from the Energy Information Administration, total domestic gasoline stocks decreased while gasoline demand dropped slightly. Normally a decrease in demand would bring prices down, but oil prices remain volatile.
“This morning, oil prices are about $109 per barrel. Crude prices rose over growing market worries that Ukrainian and European Union actions against Russian oil-and-natural gas companies could spark retaliation by Russia leading to more market disruption and uncertainty.
“Meanwhile, the national average for diesel fuel hit a new record yesterday reaching $5.57. One year ago the price was $3.17. In New York, the average price for diesel is $6.50, which is also a record high set yesterday. One year ago the price was $3.23.”