The average price of a gallon of regular gasoline is up 9 cents since Monday in New York State, and up 8 cents nationally.
The increase is attributed to this week’s storm in Texas that shutdown several refineries. The increase is expected to be temporary until the refineries can resume operations, according to AAA.
In New York, the average price was $2.686 on Saturday up from $2.596 the week before. A year ago, the average price was $2.61 per gallon. A month ago, the average was $2.483.
In the four-county GLOW region, the average price is $2.626 per gallon.
The GLOW region’s average price ranges from a low of $2.593 in Genesee County, to a high of $2.652 in Orleans County. Average prices are $2.625 in Wyoming County and $2.644 in Livingston County, according to data from AAA.
Prices have risen about 9 cents locally. Batavia motorists saw an average price of $2.593 on Saturday, compared to $2.507 a week ago. A year ago, the average price in Batavia was $2.60. A month ago, the average was $2.376.
Nationally, the average price was $2.623 per gallon on Saturday, up from a week ago when the average price was $2.503. A year ago, the average was $2.459. A month ago, a gallon of gas averaged $2.393 nationwide.
The Texas storm has caused gas supplies to tighten and pump prices to increase. The situation is similar to a Gulf Coast hurricane’s impact. Refineries come offline, and until damage (if any) is assessed and operations are back up and running, supply is tight, especially with road conditions and power outages – mostly in Texas – reducing fuel deliveries if stations even have power to accept them, according to AAA.
Until things thaw out and Gulf Coast refineries are running again – which officials expect to be early next week – gas price observers expect prices to rise several more cents.
AAA stressed that it is “seeing temporary outages, not a shortage.”