Gasoline prices fall in Mid-Hudson, NY state

KINGSTON, N.Y. >> Gasoline prices in New York state fell another 2.2 cents per gallon last week to a Sunday average of $2.49, according to GasBuddy.com.

In the Mid-Hudson Valley, according to GasBuddy, average prices midday Monday were $2.36 per gallon in Ulster County (down a penny from a week earlier), $2.53 in Dutchess County (down 3 cents), $2.45 in Greene County (down a penny) and $2.34 in Columbia County (down 7 cents).

The national average Sunday was $2.28 per gallon, up 0.7 cents from a week earlier.

“With oil prices sinking last week to $51 per barrel on concerns over a slowdown in trade talks with China, many states saw a respite in gas prices,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “However, as pipeline specifications begin to shift to the first step toward summer gasoline requirements in the weeks ahead, the overhang in gasoline inventories will likely start to dry up and push gas prices higher.”

New York state’s average gasoline price Sunday was 9.2 cents per gallon lower than a month earlier and 25.5 cents lower than a year ago. The national average Sunday was 3.1 cents per gallon higher than a month ago but still 28.8 cents lower than a year ago.

Average gasoline prices on Feb. 11 in New York have ranged widely over the last five years: $2.75 per gallon in 2018, $2.47 in 2017, $1.99 in 2016, $2.42 in 2015 and $3.60 in 2014.

For live fuel price averages, go to fuelinsights.gasbuddy.com.