Fuel prices continue drastic drops across region, nation

Gas prices continue to see steep weekly declines — and may drop to $1.25 to $1.50 per gallon by May nationally, analysts say.

Today’s national average price for a gallon of gasoline is $2.13, down 13 cents since last week. One year ago, the price was $2.62. The New York State average is $2.40 – down nine cents from last week. A year ago, the NYS average was $2.70. AAA Western and Central New York (AAA WCNY) reports the following averages:

• Dunkirk-Fredonia – $2.39

• Buffalo – $2.41 (down four cents since last week)

• Rochester – $2.39 (down six cents since last week)

• Syracuse – $2.34 (down six cents since last week)

The national average price for a gallon of gas has dropped 25 cents over the past two weeks. Pump prices continue to decline around the country as oil prices have decreased significantly in response to the increasing public health and economic impact of COVID-19 and the crude price war between Russia and Saudi Arabia. COVID-19 has forced gas prices down dramatically.


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