PLATTSBURGH — The nation’s average price of gasoline per gallon has fallen for 11 consecutive weeks and the national average was down 0.4 cents to $3.21 per gallon Sunday and in New York State prices have fallen 3.6 cents since last week and stood at $3.49 per gallon Monday.
According to GasBuddy data, gas prices in New York State are 16.9 cents per gallon lower than a month ago and 16.5 cents per gallon lower than a year ago.
The national average is 18.9 cents per gallon lower than a month ago and 14.9 cents per gallon lower than a year ago.
“We’ve barely eked out a drop in the national average over the last week, extending the streak to 11 straight weeks of decline, even as some states have seen prices jump, while others have seen prices continue to inch lower. Motorists can blame the OPEC+ meeting for causing oil to jump early last week and then plummet late last week for the volatility in gas prices,” Patrick De Haan, head of petroleum analysis at GasBuddy, said.
“The good news is that as the dust settled, OPEC+ agreed to barely move the needle, deepening their production cuts by an additional 900,000 barrels per day in 2024, with Saudi Arabia extending their own million barrel per day cut through March. However, that wasn’t enough to offset concerns of falling global demand, which pushed oil back down to below $73 in Sunday night trading, giving hope that the national average still could fall to $2.99/gal by the end of the year.”
According to GasBuddy demand data, US retail gasoline demand rose 1.9 percent for the week ending Saturday, Nov. 25.
The most common price per gallon encountered by motorists remains unchanged at $2.99. The top 10% of gas stations have a reported average of $4.61 per gallon, with the bottom averaging $2.57.
The states with the lowest average prices per gallon are Oklahoma at $2.65, Mississippi at $2.71 and Texas at $2.72.
California, Hawaii and Washington average the highest prices per gallon at $4.78, $4.68 and $4.31 respectively.
LOCAL PRICES
As of Tuesday, Dec. 5 these are the reported prices per gallon from stations around the North Country:
Plattsburgh:
Sam’s Club (Membership Required) — $3.25
Sunoco (Margaret Street) — $3.31
Champy’s Gas & Go — $3.31
Mobil (Rugar Street) — $3.39
St. Armand’s — $3.39
Stewart’s Shops (7137 US9) — $3.45
Stewart’s Shops (4717 US9) — $3.45
Stewart’s Shops (Rugar Street) — $3.45
Mountain Mart #109 — $3.47
Maplefields (NY3) — $3.47
Champlain:
Sunoco (Ridge Road) — $3.59
Irving — $3.59
Mobil — $3.59
Valero — $3.59
Saranac Lake:
Mobil (Broadway) — $3.67
Mobil (Lakeflower Avenue) — $3.67
Stewart’s Shops (Bloomingdale Avenue) — $3.67
Lake Placid:
Mobil (Main Street) — $3.75
Stewart’s Shops (Main Street) — $3.75
Stewart’s Shops (Saranac Avenue) — $3.75
Chazy:
Stewart’s Shops (US9) — $3.49