Gas prices drop once again

WWNY file picture of gas being pumped
WWNY file picture of gas being pumped
Published: Dec. 12, 2022 at 6:02 AM EST
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WATERTOWN, New York (WWNY) - The price of a gallon of gas dropped sharply in New York over the last week, by more than 11 cents.

As a result, gas is now - on average - only 4.5 cents higher than it was a year ago.

The average price of a gallon in New York is $3.54, according to GasBuddy, which tracks the price of gasoline nationwide. Prices in the north country are almost always higher than the statewide average.

The price of gas is 32 cents a gallon cheaper than a month ago.

“We remain on schedule to see the national average gas price fall below $3 by Christmas, with diesel set to fall 50 cents to $1 per gallon over the next six weeks or so,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“The relief is saving Americans roughly $20 per fill-up compared to six months ago,” he said.

The national average price of gasoline has fallen 14.4 cents per gallon in the last week, averaging $3.21/g today. The national average is down 56.5 cents per gallon from a month ago and stands 11.0 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Separately, AAA said Monday that 2022 is expected to be the third busiest year for holiday travel since the organization began tracking in 2000.

Despite roller-coaster gas prices in 2022, this holiday season will see an additional 2 million drivers compared to 2021, AAA reported.