Gas prices make two-cent jump before Memorial Day holiday
According to the organization, the average cost of a gallon of gas moved up two cents to $3.16 in the City of Watertown. The average price comes from a composite of different numbers from a number of gas stations in and around the Watertown area.
Memorial Day travel expected to break 20-year record
Here's a check of gas prices from around the region:
Batavia – $3.14 (up 1 cent from last Monday)
Buffalo – $3.07 (up 1 cent from last Monday)
Elmira – $3.00 (up 8 cents from last Monday)
Ithaca – $3.04 (up 4 cents from last Monday)
Rochester – $3.11 (up one cent from last Monday)
Rome – $3.24 (up one cent from last Monday)
Syracuse – $3.06 (no change from last Monday)
Watertown – $3.16 (up 2 cents from last Monday)
The national average price for a gallon of gasoline is $3.18, up four cents from last Monday. One year ago, the price was $3.59. The state average is $3.13, up four cents from last Monday. A year ago, the NYS average was $3.70.
For drivers who use diesel fuel, the national average price for diesel is $3.53, up two cents from last Monday. The NYS average is $3.88, no change from last Monday.
When it comes to EV charging, the national and state averages for L2 commercial electricity remain steady. Today's national average per kilowatt hour of electricity at a public EV charging station stands at 36 cents.
Gas prices are creeping back up just in time for the busy summer driving season, as the price of crude oil rises and demand goes up. Typically, the seasonal increase in gas prices starts earlier in the spring, but lower crude oil prices this year have kept that from happening. Now, we're starting to settle in a more typical pattern.
Despite the upward trend, drivers are paying about 40 cents less compared to last year, which is good news for the record 39.4 million Americans expected to take road trips over Memorial Day weekend.
According to latest data from the Energy Information Administration, gasoline demand increased from 8.71 million b/d to 8.79. Total domestic gasoline supply decreased from 225.7 million barrels to 224.7. Gasoline production is down, averaging 9.4 million barrels per day.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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