Gas prices hold steady
Written by Doug Thompson on July 17, 2023
The average price for a gallon of regular gas is holding steady across the region. According to Triple A, today’s national average price per gallon is $3.57. The state average is $3.67. In Batavia, we’re paying $3.59; the same as it was a week ago; 6 cents lower than a month ago, and $1.05 lower than it was a year ago today. Gas demand has fallen since the Independence Day holiday weekend as motorists have returned to their day-to-day driving routines. Typically, this would lower gas prices; however, such a move is being countered by the increasing cost for oil, the main ingredient in gasoline. The price for crude oil has moved from the upper $60s per barrel recently to the upper $70s. If crude oil prices continue to rise, pump prices will likely follow suit. By the way, the national average price for diesel today is $3.84, down from $5.54 a year ago. The state average for diesel is $4.37, compared to $5.96 one year ago.