HomeAlbany gas prices rose again for the third week in a row

Albany gas prices rose again for the third week in a row

date of publication: updated:

General Gas Prices Generic Gasoline Pump gas_96948

Albany, New York (News 10) – On Monday, October 25, GasBuddy reported a weekly update of gas prices in Albany. All Albany-based data is from GasBuddy’s daily survey of 546 stations in Albany.

Albany gas prices rose 8.1 cents a gallon in the past week, averaging $3.48/gram on Monday, October 25, according to GasBuddy’s daily survey of 546 stations in Albany. Gas prices in Albany are 25.5 cents per gallon higher than they were last month, and $1.25 per gram higher than they were a year ago.

The cheapest station in Albany is $3.19 per gram Monday, October 25th, while the most expensive is $3.59 per gram, a difference of 40.0 cents per gallon. The lowest price in the state today is $3.05/g while the highest is $4.39/gm, a difference of $1.34/g.

The national average price of gasoline rose 3.8 cents a gallon last week, averaging $3.36 a gram today. The national average is up 17.1 cents per gallon from last month, and $1.21 per gram higher than a year ago.

Historic gas prices in Albany and the 10-year national average:

  • Oct 25, 2020: $2.24/gram (Average average: $2.14/gram)
  • October 25, 2019: $2.61/gram (U.S. average: $2.61/gram)
  • October 25, 2018: $2.84/gram (US average: $2.83/gram)
  • October 25, 2017: $2.58/gram (US average: $2.45/gram)
  • Oct 25, 2016: $2.30/gram (Average: $2.22/gram)
  • Oct 25, 2015: $2.24/gram (Average: $2.20/gram)
  • Oct 25, 2014: $3.32/gram (US average: $3.05/gram)
  • Oct 25, 2013: $3.52/gram (US average: $3.30/gram)
  • Oct 25, 2012: $3.90/gram (US average: $3.59/gram)
  • Oct 25, 2011: $3.65/gram (US average: $3.44/gram)

Neighboring regions and current gas prices:

  • Waterbury- $3.36 a gram, up 1.4 cents a gallon from last week’s $3.35 a gram.
  • Hartford – $3.44/gram, up 6.5 cents per gallon from last week’s $3.37/gram.
  • Springfield – $3.29/gram, up 6.7 cents per gallon from last week $3.22/gram

Gas prices continued to rise in most parts of the country during the past week as higher oil prices drove up the prices of gasoline and other refined products. “But, there may be some light at the end of the tunnel,” said Patrick de Haan, head of petroleum analysis at GasBuddy. “The sharp rise we’ve seen over the past three weeks should start to slow soon, except for another jump in oil prices. This is because gasoline prices are now largely back to the rally in oil prices that started nearly a month ago. That’s not Very clear for the future, as oil prices could rise again at any time. But for now, oil has settled at around $83 a barrel and, without further upside, gas price increases should soon slow in the greater part of the country.”

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