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2016 coming to a close with its highest gas prices all year

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Posted at 9:55 AM, Dec 26, 2016
and last updated 2016-12-26 10:01:01-05

Gas prices are closing out 2016 at their highest point of the year.

The New York State average is up four cents from last week at an average of $2.47 per gallon, the highest it has been all year. The state average a year ago was over 20 cents lower at $2.24.

The average in Buffalo sit at $2.40 as prices continue to rise because of market expectations of tighter availability after OPEC's deal to cut oil production beginning in January.