Gas prices tick up one cent from last week in Watertown

WATERTOWN, N.Y. (WWTI) – Gas prices in the City of Watertown went up again this week, but it was by only one cent.

According to AAA of Western and Central New York, the average cost of a gallon gas in Watertown is now $3.77, which is up from $3.76 last week. Watertown still holds the highest average cost for a gallon of gas in the region.

Here’s a look at gas prices in other parts of the state as of today:

• Batavia – $3.55 (up 1 cent from last Monday)
• Buffalo – $3.60 (up 4 cents from last Monday)
• Elmira – $3.61 (up 1 cent from last Monday)
• Ithaca – $3.68 (up 2 cents from last Monday)
• Rochester – $3.64 (up 4 cents from last Monday)
• Rome – $3.74 (up 5 cents from last Monday)
• Syracuse – $3.67 (up 7 cents from last Monday)
• Watertown – $3.77 (up 1 cent from last Monday)

Today’s national average price for a gallon of gasoline is $3.66, down two cents from last Monday. One year ago, the price was $3.62. The New York State average is $3.71, up two cents from one week ago. A year ago, the state average was also $3.71.

This morning, oil prices range from $83 to $89. Diesel prices remain relatively steady. The national average price for diesel is $4.00, down three cents from last Monday. The New York average is $4.40, no change from a week ago.

According to new data from the Energy Information Administration, gas demand fell slightly last week, meanwhile total domestic gasoline stocks also decreased slightly. Lower demand and a drop in crude oil prices could push pump prices lower. Domestic gasoline demand will pick back up as we get closer to Memorial Day weekend and the traditional start of summer driving season, which will likely come with an increase in prices at the pump.

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