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Gas prices down in Western New York, but demand rising

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Posted at 7:18 AM, Jan 28, 2019
and last updated 2019-01-28 07:18:25-05

BUFFALO, N.Y. (WKBW) — Gas prices around Western New York are down across the board, according to AAA Western and Central New York. This, despite the national average rising by one cent to $2.26.

  • Batavia - $2.55 (down 1 cent since last week)
  • Buffalo - $2.55 (down 2 cents since last week)
  • Rochester - $2.46 (down 2 cents since last week)

Meantime, gasoline demand is on the rise. It's now much higher than this time last year.

The Energy Information Administration reports demand that gasoline stocks around the country are also on the rise. It's actually to the point where the growth rate is the highest gasoline stock level ever recorded by EIA, since it began collecting the data in 1990. It’s also much higher than last year at this time.

Increased levels of gasoline stocks could help to meet rising demand, which means the impact to pump prices could be modest.