Ian Wheatley

Ian Wheatley

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Gas Prices Keep Rising Across Central New York As Oil Prices Fall

Central New York drivers are continuing to see higher prices at the gas pumps these days.

According to AAA, the average cost for a gallon of regular is now $2.35. That's up six cents in the last week and is 16 cents more than this time a month ago. The state average is $.239 a gallon while nationally it's $2.31.

Oil prices are falling as new coronavirus cases rise in China.

China is the world's second-biggest oil user and is seeing a jump in COVID-19 cases. Traders are worried that global demand could sink as European nations impose strict lockdowns and China orders new restrictions on movement.

International benchmark Brent crude is down 55 cents a barrel, to $55.44 and West Texas Intermediate crude is down 28 cents, to $51.96 a barrel.


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