Gas prices jump in Western New York following the holidays

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Posted at 5:38 AM, Jan 11, 2021
and last updated 2021-01-11 05:38:31-05

BUFFALO, N.Y. (WKBW) — Driving around Western New York will cost you more at the pump.

According to AAA Western and Central New York, gas prices are climbing in the region and across the state following the holidays.

Since January 4, the average price of a gallon of gas in Buffalo has jumped seven cents to $2.33/gallon. In Batavia, the average price stands at $2.31/gallon.

AAA says the rise in prices comes despite a drop in demand to the lowest levels since May 2020.

Crude oil prices increased to over $50 per barrel, and refinery utilization also increased.

The combination of those two factors, according to AAA, could drive gas prices up even more in the coming weeks.