State & Union: Little to no change in gasoline prices
Average gasoline prices in New York fell 2.6 cents per gallon in the last week, averaging $3.05/g to begin this week, according to GasBuddy’s survey of 6,118 stations in New York.
In Olean, the price at most outlets remained at just less than $3.40/g, the same price that has been in place for many weeks.
Prices in New York were unchanged versus a month ago and stand 54.1 cents per gallon lower than a year ago. According to GasBuddy price reports, the lowest price in the state to begin the week was $2.57/g while the highest was $3.99/g, a difference of $1.42/g.
The national average price of gasoline has fallen 1.8 cents per gallon in the last week, averaging $3.07/g to start this week. The national average is down 5.2 cents per gallon from a month ago and stands 32.8 cents per gallon lower than a year ago, according to GasBuddy data.
The national average price of diesel decreased 1.7 cents in the last week and stands at $3.448 per gallon.
“Average gas prices declined in nearly all states over the last week as refineries ramped up output and gasoline supplies surged,” says Patrick De Haan, head of petroleum analysis at GasBuddy. “While a few states experienced price cycling — a pattern where prices drop sharply and then spike every couple of weeks — the overall gentle downward trend is typical as summer progresses.
“If oil prices continue to rise gradually, it could eventually impact gas prices, but for now, we likely won’t see any major shifts at the pump in most areas this week,” he adds.
Other areas in New York and their current gas prices include Buffalo at $3.08/g, no change from the previous week; Syracuse at $2.99/g, down 1.1 cents; and Rochester at $3.02/g, down 3.6 cents.
When it comes to EV charging, the national and state averages for L2 commercial electricity remain steady. The national average per kilowatt hour of electricity at a public EV charging station stands at 36 cents this week.
Historical gasoline prices on June 9 in New York and the national average going back 10 years:
• 2024: $3.59/g (U.S.: $3.40/g)
• 2023: $3.65/g ($3.57/g)
• 2022: $4.99/g ($4.98/g)
• 2021: $3.08/g ($3.08/g)
• 2020: $2.19/g ($2.06/g)
• 2019: $2.88/g ($2.73/g)
• 2018: $3.05/g ($2.92/g)
• 2017: $2.48/g ($2.34/g)
• 2016: $2.44/g ($2.37/g)
• 2015: $2.88/g ($2.75/g)
