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Monday, December 1, 2014

Lockport area gas prices dropped almost eleven cents this week, according to AAA East Central’s weekly Fuel Gauge report. The average price of self-serve regular unleaded gasoline, based on reports from 22 stations in the Lockport area, was $3.195, down from $3.304 last week and $3.602 this time last year.

The average price for unleaded regular gasoline in New York today is $3.160.

Nationally, drivers enjoyed the lowest retail average for Thanksgiving since 2009, with the national average at $2.80 per gallon this past Thursday, and pump prices are poised to continue to drop this holiday season. The national average has fallen on 67 consecutive days, for a total drop of 58 cents during this streak. Today’s price of $2.77 is four cents less than one week ago, 23 cents less than one month ago and 50 cents less than one year ago. The national average is the lowest since Oct. 7, 2010, and the year-over-year discount is the widest mark since Oct. 17, 2009.

The national average has been below the $3.00 per gallon benchmark for exactly one month, and 42 states are now registering averages below $3.00 per gallon. This number is set to increase in the coming days and it’s likely that New York and Connecticut will be the only states in the lower 48 above this threshold by the end of next week

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