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Gas prices continue to rise ahead of Valentine’s Day

todayFebruary 12, 2024 1

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ROCHESTER, N.Y. (WROC) — On the week of Valentine’s Day, drivers are entering that time of year when prices at the gas pump keep rising, according to the latest report from AAA.

The report says that the national average price for a gallon of gasoline has increased by five cents to $3.20. In New York, that average remains $3.28.

According to AAA, the increase in prices are due to an increase in demand, oil costs, and routine refinery maintenance. Oil prices rose by $4 from last week and diesel prices rose by seven cents nationally and one cent in New York.

Reconnect Rochester fights for more funding towards public transportation

Experts say prices will slowly but surely keep going up unless there is a major shock.

“While I feel optimistic that the rise in prices will be merely average, the fact that we’ve already seen a few high-level refinery problems doesn’t bode well for the spring squeeze, and is a reminder to motorists that without the critical role that refineries play, we could see a bumpy transition to EPA-mandated summer gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

AAA notes the average prices for the following areas in New York State:

Batavia – $3.24 (No changes)

Buffalo – $3.32 (One-cent decrease)

Elmira – $3.05 (One-cent decrease)

Ithaca – $3.19 (Two-cent decrease)

Rochester – $3.26 (No changes)

Rome – $3.31 (Three-cent decrease)

Syracuse – $3.24 (No changes)

Watertown – $3.22 (Five-cent increase)

​ ROCHESTER, N.Y. (WROC) — On the week of Valentine’s Day, drivers are entering that time of year when prices at the gas pump keep rising, according to the latest report from AAA.

The report says that the national average price for a gallon of gasoline has increased by five cents to $3.20. In New York, that average remains $3.28.

According to AAA, the increase in prices are due to an increase in demand, oil costs, and routine refinery maintenance. Oil prices rose by $4 from last week and diesel prices rose by seven cents nationally and one cent in New York.
Reconnect Rochester fights for more funding towards public transportation
Experts say prices will slowly but surely keep going up unless there is a major shock.

“While I feel optimistic that the rise in prices will be merely average, the fact that we’ve already seen a few high-level refinery problems doesn’t bode well for the spring squeeze, and is a reminder to motorists that without the critical role that refineries play, we could see a bumpy transition to EPA-mandated summer gasoline,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

AAA notes the average prices for the following areas in New York State:

Batavia – $3.24 (No changes)

Buffalo – $3.32 (One-cent decrease)

Elmira – $3.05 (One-cent decrease)

Ithaca – $3.19 (Two-cent decrease)

Rochester – $3.26 (No changes)

Rome – $3.31 (Three-cent decrease)

Syracuse – $3.24 (No changes)

Watertown – $3.22 (Five-cent increase) Read More FinanceRochesterFirst  

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