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Average gas prices up 5 cents nationwide, down 10 cents statewide

Gas
Posted at 6:42 AM, Sep 26, 2022
and last updated 2022-09-26 06:42:50-04

BUFFALO, N.Y. (WKBW) — AAA reports that the average price of gas per gallon nationwide has jumped up five cents from just one week ago. The average stood at $3.68 last Monday and has now increased to $3.73.

Meanwhile, the statewide average price per gallon has dropped 10 cents - from $3.78 last Monday to $3.68. Buffalo has the third cheapest average price per gallon in the Western and Central New York regions at $3.79 per gallon. Only Elmira ($3.60) and Syracuse ($3.74) have cheaper gas.

Oil prices have remained low overall, and a cheaper winter blend of fuel is currently being sold. Nationwide gas prices are ib the rise due to an inconsistency in oil prices and a tight supply.

As Florida braces for a hurricane, gas is in high demand which has also contributed to the nationwide average spike.