Average Albany gas prices drop slightly in last week

ALBANY, N.Y. (NEWS10) -- Average gasoline prices in Albany have fallen 3.3 cents per gallon in the last week, averaging $3.53/g Monday, according to GasBuddy's survey of 546 stations in Albany. Prices in Albany are 12.1 cents per gallon lower than a month ago and 19.2 cents per gallon lower than a year ago. The national average diesel price has risen 2.4 cents in the last week and is $3.76 per gallon.

According to GasBuddy price reports, the cheapest station in Albany was priced at $3.32/g Sunday, while the most expensive was $3.79/g, a difference of 47.0 cents per gallon. The lowest price in the state Sunday was $2.84/g while the highest was $4.69/g, a difference of $1.85/g.

The national average price of gasoline has risen 0.3 cents per gallon in the last week, averaging $3.41/g Monday. The national average is down 18.8 cents per gallon from a month ago and 14.4 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gasoline prices in Albany and the national average going back ten years:

June 24, 2023: $3.72/g (U.S. Average: $3.56/g)
June 24, 2022: $4.90/g (U.S. Average: $4.92/g)
June 24, 2021: $3.08/g (U.S. Average: $3.08/g)
June 24, 2020: $2.22/g (U.S. Average: $2.17/g)
June 24, 2019: $2.70/g (U.S. Average: $2.66/g)
June 24, 2018: $2.93/g (U.S. Average: $2.83/g)
June 24, 2017: $2.30/g (U.S. Average: $2.26/g)
June 24, 2016: $2.31/g (U.S. Average: $2.31/g)
June 24, 2015: $2.86/g (U.S. Average: $2.78/g)
June 24, 2014: $3.80/g (U.S. Average: $3.68/g)

Neighboring areas and their current gas prices:

Waterbury- $3.45/g, down 4.4 cents per gallon from last week's $3.49/g
Hartford- $3.49/g, unchanged from last week's $3.49/g
Springfield- $3.28/g, down 2.7 cents per gallon from last week's $3.31/g

"With summer now officially here, we've seen the national average price of gasoline holding most steady compared to last week, with some states seeing their traditional price cycling every couple of weeks, while others have seen prices slowly slip," said Patrick De Haan, head of petroleum analysis at GasBuddy. "For now, gasoline prices may see little movement ahead of July 4 as oil prices have risen above $80. But the good news is that instead of the national average jumping to follow the rising price of oil, it's holding steady. The bummer is that the decreases we hoped for will have to wait, thanks to oil's climb."