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Gas prices up 5 cents in state

Posted 10/12/22

A 16-week stretch of falling gas prices has come to an end with the average price in New York increasing 5 cents from last week, rising to an average price of $3.64  per gallon.

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Gas prices up 5 cents in state

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UTICA — A 16-week stretch of falling gas prices has come to an end with the average price in New York increasing 5 cents from last week, rising to an average price of $3.64 per gallon.

The new average cost of a gallon of gasoline across New York is 25 cents lower than a month ago and 29 cents higher than a year ago. Locally, the average cost of a gallon of gas was $3.74 — about a dime higher than the state average. In Oneida County, the price ranged from a low of $3.35 to more than $3.85 per gallon of regular unleaded gasoline.

New York’s average gas price is 28 cents lower than the national average. The last time New York’s gas prices increased was during the week of June 13 when prices reached an all-time-high of $5.04 per gallon.

“The announced plans by OPEC+ to cut production certainly had an impact on oil prices, but that alone wouldn’t account for the increases we are seeing locally this week,” said Patti Artessa, Regional Director of Public and Government Affairs for AAA Northeast. “Inventories are somewhat low, and low supplies lead to higher prices at the pump.”

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