Gas prices fall slightly in Buffalo over the last week

Gas prices fall slightly in Buffalo over the last week

Oil prices remain volatile yet several dollars off recent highs.

Today's national gas price average is $2.53, which is unchanged in the last week, down five cents in the last month and 23 cents higher than this time previous year. That compares to $2.30 one year ago.

The average price for diesel nationwide is $3.00 per gallon.

AAA's survey of more than 130,000 service stations across the country showed that Tennessee gas prices averaged 21 cents a gallon less than the US average and fell to a statewide average of $2.32 per gallon. The latest Energy Information Administration (EIA) report showed USA commercial crude inventories increased by 2.4 million barrels last week and over the past two weeks, storage levels have swelled by 5 million barrels. The state average of $2.50 is 15 cents less than a month ago, but 22 cents more than this time past year.

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According to Gasbuddy, states where prices moved most last week were: MI (up 7 cents); California, Indiana, and OH (up 4 cents); Kentucky and Florida (down 4 cents); and Georgia, Pennsylvania, West Virginia, and Colorado (down 3 cents). Heating oil rose 3 cents to $1.89 a gallon.

"Thus far, we have seen a market that's lacked solid upward movement when it usually sees exactly that", he said.

But DeHaan said while prices have remained in a middle ground analysis are expecting a surge in the months ahead. About GasBuddy GasBuddy is the technology company changing the way more than 70 million consumers find, purchase, and save money on gasoline. The app and website have the most accurate and real-time fuel prices at over 140,000 unique stations in the United States, Canada, and Australia and is the most comprehensive money-saving companion while on the road. GasBuddy is available on all mobile platforms.

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