Light Snow Fog/Mist 34°
Tag:

Crude Oil

News
No Spring Break For Motorists As Gas Prices Keep Climbing No Spring Break For Motorists As Gas Prices Keep Climbing
No Spring Break For Motorists As Gas Prices Keep Climbing There’s been no Spring Break for motorists this month, as prices at the pump continue to climb. Nationally, as of Thursday, April 4, the average price at the pump has reached $2.72 per gallon, a three-cent increase from last week and up 29 cents from a month ago, according to AAA. The current price is six cents higher than last year. “Three months ago motorists could find gas for less than $2.50 at 78 percent of gas stations. Today, you can only find gas for that price at one-third of stations, which is likely giving sticker shock to motorists across the country,” AAA spokeswoman Jeanette C…

SHARE

by Zak Failla
News
Gas Prices Reach Five-Year March Peak Gas Prices Reach Five-Year March Peak
Gas Prices Reach Five-Year March Peak Both New York and Connecticut have entered the “drivers’ dozen” and are among the 12 states with the highest gas prices in the country. Nationally, as of Tuesday, March 26, the average price at the pump has hit $2.65 per gallon, up nine cents from a week ago and 25 cents from a month ago. The price is three cents more than a year ago, according to AAA. “Thanks to increasing demand and tightening gasoline stocks across the country, March gas prices came in like a lion and will not go out like a lamb,” AAA spokesperson Jeanette Casselano said. “State gas price averages are very similar to a y…

SHARE

by Zak Failla
Lifestyle
Gas Prices In New York Highest In Four Years For Fourth Of July Holiday Gas Prices In New York Highest In Four Years For Fourth Of July Holiday
Gas Prices In New York Highest In Four Years For Fourth Of July Holiday Prices at the gas pump dropped a cent in New York over the past week, but motorists planning on traveling for the Fourth of July will see a four-year peak in prices during the holiday. With one of the busiest travel holidays just days away, statewide gas prices dropped a cent over the week, though national prices are up two cents from a week ago, up to an average of $2.86 per gallon. At $2.86, national gas prices are at their highest point in four years for an Independence Day holiday, AAA officials noted. Despite the higher prices, a record-breaking 47 million Americans are expected to tra…

SHARE

by Zak Failla
Lifestyle
Relief In Sight? New York Gas Prices Fall For First Time In Months Relief In Sight? New York Gas Prices Fall For First Time In Months
Relief In Sight? New York Gas Prices Fall For First Time In Months After gas prices reached their highest point in nearly five years over Memorial Day Weekend, there may be some relief in sight for motorists in the tristate area. The national price of gas has dropped - albeit just three cents - to an average of $2.94 per gallon, the first drop in three months, according to AAA, though prices in the region remain amongst the highest int he country. Despite the modest drop in price per gallon, motorists will still see relatively high prices, unlike last year, when the average price was $2.37 nationally. “Nearly 80 percent of Americans say the price of gaso…

SHARE

by Zak Failla
News
New York Gas Prices Remain Among Highest In Nation New York Gas Prices Remain Among Highest In Nation
New York Gas Prices Remain Among Highest In Nation The tristate area remains among the nation’s most expensive places to get gas, even as gas prices held relatively steady throughout the country during the Memorial Day Weekend holiday. Gas prices jumped just three cents in the past week, leading to a national average of $2.96 per gallon, with the average price in this area well over $3 per gallon. The jump comes weeks after President Donald Trump decision to withdraw the United States from the Iran nuclear deal. The average price per gallon is up 60 cents from a year ago and 15 cents from a month ago. The tristate area is still one of the m…

SHARE

by Zak Failla
Lifestyle
Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns
Memorial Day Weekend Gas Prices Will Be Highest In Years, AAA Warns Local residents planning on traveling on Memorial Day will see the highest prices at the pump in four years, according to AAA. Gas prices have jumped 12 cents in the past two weeks, leading to a national average of $2.93 per gallon, with the average price in this area well over $3 per gallon. The jump comes days after President Donald Trump decision to withdraw the United States from the Iran nuclear deal. “AAA forecasts nearly 37 million travelers will hit the road for the holiday weekend. Compared to an average of the last three Memorial Day weekends, pump prices are nearly 50 cents more …

SHARE

by Zak Failla
News
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports There is no relief in sight for area motorists at the pump, as the national gas price average has hit its highest point since the summer of 2015, with prices now topping $3 an hour in much of the area. As of this week, national gas prices reached an average of $2.71 per gallon, four cents lower than the high of $2.67 from last year, and prices are only expected to keep rising, according to the latest report from AAA. The price is up 6 cents from a week ago, 18 cents from a month ago and 31 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since …

SHARE

by Zak Failla
Lifestyle
Highest Gas Prices In Years Expected For Area Motorists Highest Gas Prices In Years Expected For Area Motorists
Highest Gas Prices In Years Expected For Area Motorists Local residents may want to start filling up now, as the region is expected to see some of the highest gas prices in years at the pump this summer, according to reports. As of this week, national gas prices reached an average of $2.66, just one cent lower than the high of $2.67 from last year, and prices are only expected to rise, according to the latest report from AAA. The price is up a cent from a week ago, 13 cents from a month ago and 24 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since 2014. A AAA spokesperson cited “a volatile marke…

SHARE

by Zak Failla
Business
Gas Prices Rise For Sixth Straight Week Gas Prices Rise For Sixth Straight Week
Gas Prices Rise For Sixth Straight Week There is no relief in sight for drivers’ wallets at the pump, as gas prices continue to rise week-to-week as the price of crude oil fluctuates overseas. For the sixth straight week, gas prices have risen, up to an average of $2.61 per gallon, up from $2.49 a month ago and $2.26 a year ago. The average rose three cents since last week. According to a AAA New York spokesman, the price has been affected by multiple factors, including the price of crude oil overseas and an increase in demand nationwide. It also comes at a time when refineries begin the process of transitioning from a winter ble…

SHARE

by Zak Failla