Today’s national average price for a gallon of gasoline is $2.62, up one cent since last week. One year ago, the price was $2.70. The New York State average is $2.70 – up one cent from last week. A year ago, the NYS average was $2.91. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia - $2.65 (down one cent since last week)
• Buffalo - $2.64 (down one cent since last week)
• Ithaca - $2.67 (no change since last week)
• Rochester - $2.67 (no change since last week)
• Rome - $2.64 (down three cents since last week)
• Syracuse - $2.59 (down one cent since last week)
• Watertown - $2.65 (down one cent since last week)

The latest data from the Energy Information Administration (EIA) reveals that total domestic stocks of gasoline decreased for the sixth consecutive week pushing stocks 10.8 million barrels lower than last year’s level at this time. Reduced stock levels, amid robust demand, have helped to push the national gas price average higher. Although demand took a significant step back week over week, it remains higher than last year’s rate in early November. The national average could increase further if demand continues to remain robust as stocks decline.

At the close of Friday’s formal trading session on the NYMEX, oil prices increased by nine cents to settle at $57.24. Crude prices have increased last week following increased optimism that China and the U.S. – the world’s two largest crude consumers – are continuing to resolve ongoing trade tensions. The trade conflict had previously sparked market fears that global crude demand would suffer as a result of increased tariffs between both countries. 

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. You can find the lowest prices in your area at http://aaa.opisnet.com/index.aspx. Motorists can always find current gas prices along their route with the free AAA Mobile app for iPhone, iPad, and Android. The app can also be used to map a route, find discounts, book a hotel, and access AAA roadside assistance.

Locate gas prices across the country at http://gasprices.aaa.com.