Daily Freeman (Kingston, NY)

N.Y., national gas prices inch up

-

KINGSTON, N.Y. » Average retail gasoline prices in New York have risen 0.9 cents per gallon in the past week, averaging $2.98 per gallon Sunday.

This compares with the national average, which has increased 1.6 cents per gallon in the last week to $2.84, according to gasoline price website GasBuddy.com.

Including the change in gas prices in New York during the past week, prices Sunday were 18.5 cents per gallon higher than the same day one year ago and are 1.3 cents per gallon higher than a month ago.

Average gasoline prices on Sept. 10 in New York have ranged widely over the last five years: $2.79 per gallon in 2017, $2.31 per gallon in 2016, $2.57 per gallon in 2015, $3.68 per gallon in 2014 and $3.84 per gallon in 2013.

“Last week saw a brief and fairly tame rise in the national average, brought on mainly by a select few states where gas prices tend to be volatile,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Overall, it was a mostly stable week with some up-and-down movement state-by-state, but now we await the changeover to winter gasoline that happens this Saturday for some relief at the pump. While Hurricane Florence may pose fuelrelate­d challenges for areas of the East Coast, there is little to no threat to refineries at this time and is thus unlikely to bring measurable impact to the national average price of gasoline, but could bring supply challenges to several states, depending on levels of evacuation­s and timing of them. Hurricane season aside, gasoline demand will likely drift lower nearly countrywid­e, putting some additional downward impact on prices in most communitie­s over the next few weeks.”

For live fuel price averages, visit http://FuelInsigh­ts.GasBuddy.com.

Newspapers in English

Newspapers from United States