Buffalo gas prices on the rise

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BUFFALO, N.Y. — The average price per gallon of gas in the Buffalo area has risen nearly five cents in the past week, averaging $3.55/gallon, according to GasBuddy. 

GasBuddy says prices in Buffalo are 20.5 cents per gallon higher now than a month ago, but still a little more than ten cents per gallon lower than last year at this time.  They surveyed over 472 gas stations in Buffalo. 

The national average price per gallon of gas has fallen nearly two cents in the past week, averaging $3.63 per gallon. 

GasBuddy experts believe the price of gas per gallon will begin to level off for the season.

“With more confidence every day, it appears the spring top is in: average gas prices have started to cool off in many areas. For now, few Americans need to worry that gas prices are going to skyrocket; the risk appears to be behind us, with relief coming in the weeks ahead,” said Patrick De Haan, head of petroleum analysis at GasBuddy in a release. “While the latter half of the summer could potentially see hurricane-related issues, I do sense we’ve hit the top for now, and Americans should be optimistic that this summer will be very similar to last year, in line with our early 2024 expectations and likely not featuring record gasoline prices. I’m quite excited the seasonal rise in gas prices appears to be over.”

AAA of Western and Central New York says that lower demand and a drop in crude oil prices could help push gas prices lower. Here’s a look at the averages from AAA. 

This article was originally published by a www.wgrz.com

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