Updated: June 27, 2022 06:23 PM
Created: June 27, 2022 07:32 AM
ROCHESTER, N.Y. (WHEC) — Rochester's gas prices have fallen by 2 cents since last Monday. However, the prices still remain higher compared to the final week of May, an increase that happened despite state and Monroe County breaks on gas taxes.
Rochester's average gas price is $4.95 per gallon according to AAA. That's 3 cents lower than the highest average the city has ever seen, recorded on June 16.
Rochester's gas prices are nine cents higher than Buffalo and slightly higher compared to Syracuse, Ithaca, and Batavia.
The $0.28 in savings from state and county tax relief have been in effect since June 1. News10NBC reported that the prices for gas stations to refill their supply is increasing, leading to a jump in prices at the pump despite the tax relief.
The New York State average gas price has increased by 3 cents since last month and $1.81 since last year.
According to a survey from GasBuddy, the cheapest station in Rochester on Sunday was $4.55 per gallon, while the most expensive was 71 cents higher. The lowest price in the state was $4.52 per gallon. You can find the cheapest local stations through a link to GasBuddy.
Gas prices have skyrocketed over the past year because of rapid recovery from the pandemic increased the demand so high that supply couldn't keep up. Europe's restrictions on importing Russian oil also scrambled world oil prices, affecting the U.S. even though the U.S. imports very little Russian oil.
AAA reports that gas prices nationally have fallen slightly this week because demand for crude oil has fallen, amid slower economic growth and concerns over a stock market downturn.
You can also explore gas price trends on the website for AAA.
Copyright 2022 - WHEC-TV, LLC A Hubbard Broadcasting Company