Utica, NY, March 21, 2022 — New York’s average gas price is down 8 cents from last week ($4.44), averaging $4.36 per gallon. Today’s price is 62 cents higher than a month ago ($3.74), and $1.45 higher than March 21, 2021 ($2.91). New York’s average gas price 11 cents higher than the national average.
After hitting a record $4.33 on March 11, the national average for a gallon of gasoline has fallen to $4.25. The primary reason is the lower global price of crude oil, which peaked shortly after Russia launched its war in Ukraine but is now more than $20 lower and hovering near $105/bbl. Domestically, gasoline demand is defying seasonal trends and has dipped slightly, perhaps in response to higher prices at the pump.
“Usually this time of year, with warmer weather and longer days, we’d see an uptick in gasoline demand as more people hit the road,” says Patti Artessa, Regional Director of Public/Government Affairs. “But demand was down slightly last week, likely due in part to higher pump prices. As geopolitical tensions continue unabated, we can expect to see more volatility in oil prices, leading to significant fluctuations in the price of gasoline and diesel in the near-term.”
AAA Northeast’s March 21 survey of fuel prices found the current national average to be 7 cents lower than last week ($4.32), averaging $4.25 a gallon. Today’s national average price is 72 cents higher a month ago ($3.54), and $1.37 higher than this day last year ($2.88).
|Region||Current Price*||One Week Ago||One Month Ago||One Year Ago|
|New York State||$4.36||$4.44||$3.74||$2.91|
*Prices as of March 21, 2022
The AAA Gas Prices website is your resource for up-to-date fuel price information. Search average gas prices by Regular, Plus, Premium and Diesel on National and State levels, as well as Metro areas.