ALBANY, NY — Average gasoline prices in Albany have fallen 3.0 cents per gallon over the past week and are averaging $3.51 per gallon today, according to a GasBuddy survey of 546 Albany gas stations released Monday morning.
Prices in Albany are 9.6 cents per gallon lower than a month ago and 44.3 cents per gallon lower than a year ago. The national average price of diesel has fallen 3.4 cents in the last week to $3.72 per gallon – the lowest since January 2022, more than 900 days ago.
According to GasBuddy’s price reports, the cheapest gas station in Albany on Sunday was $3.15/g, while the most expensive was $3.76/g, a difference of 61.0 cents per gallon. The lowest price in the state on Sunday was $2.93/g, while the highest was $4.83/g, a difference of $1.90/g.
The national average price of gasoline fell 3.2 cents per gallon over the past week, averaging $3.41 per gallon on Monday. The national average is down 11.6 cents per gallon from a month ago and is 42.5 cents per gallon lower than a year ago, according to data from GasBuddy, compiled from more than 11 million weekly price reports from over 150,000 gas stations across the country.
Historical gasoline prices in Albany and the national average for the last ten years:
August 12, 2023: $3.95/g (US average: $3.83/g)
August 12, 2022: $4.34/g (US average: $3.94/g)
August 12, 2021: $3.15/g (US average: $3.18/g)
August 12, 2020: $2.27/g (US average: $2.18/g)
August 12, 2019: $2.71/g (US average: $2.64/g)
August 12, 2018: $2.87/g (US average: $2.85/g)
August 12, 2017: $2.35/g (US average: $2.35/g)
August 12, 2016: $2.15/g (US average: $2.12/g)
August 12, 2015: $2.68/g (US average: $2.59/g)
August 12, 2014: $3.66/g (US average: $3.47/g)
Neighbouring towns and their current gas prices:
Waterbury – $3.49/g, down 6.8 cents per gallon from the previous week’s $3.56/g.
Hartford – $3.41/g, down 3.8 cents per gallon from the previous week’s $3.45/g.
Springfield – $3.31/g, down 1.3 cents per gallon from the previous week’s $3.33/g.
“As the summer season slowly winds down, we continue to see gasoline prices falling in most parts of the country as demand remains subdued. Incredibly, the price decline has also caused diesel prices to fall to their lowest levels since the Russian invasion of Ukraine,” said Patrick De Haan, head of petroleum analysis at GasBuddy, in a press release. “As long as we can avoid a major hurricane threatening refineries in the Gulf region, I believe the price decline could continue this week, with the national average potentially falling to its lowest levels of the summer. However, if economic data comes in better than expected, a short-lived recovery could still occur. While some states, particularly in the Great Lakes and Florida, could also see gasoline prices rise due to routine price fluctuations, overall prices remain lower across all states than they were a year ago.”
GasBuddy is the authoritative source for gasoline prices and the only source for gas station data. The GasBuddy survey is updated 288 times daily and is based on a highly diverse list of sources covering nearly 150,000 gas stations nationwide. It is the most comprehensive and up-to-date in the country. GasBuddy’s averages, charts, maps and historical price data for the U.S. and Canada are available 24/7 at http://prices.GasBuddy.com.
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