Gasoline prices averaged $3.020 per gallon in the New York-Newark-Jersey City area in May 2018, the U.S. Bureau of Labor Statistics reported today. The even better news is that gas prices aren’t just expected to stay this low through the end of the year, but that they may continue falling to about $2.40 before the ball drops at midnight. N.J. Philadelphia. Baltimore. The average price of diesel fuel in 2017 was $2.63. The New York-Newark-Jersey City, N.Y.-N.J.-Pa., Core Based Statistical Area includes Bronx, Dutchess, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, and Westchester Counties in New York; Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, and Union Counties in New Jersey; and Pike County in Pennsylvania. The Consumer Price Index for June 2018 is scheduled to be released on Thursday, July 12, 2018 at 8:30 a.m. (ET). Some areas seeing prices as low as $1.45 a gallon. Today's best 10 gas stations with the cheapest prices near you, in Maine. In 2018, New York produced 11,798 million cubic feet of natural gas (most recent production data available), while the state’s natural gas consumption that year was over 100 times as much, 1,323,836 million cubic feet, which means that New York needed to import 1.3 trillion cubic feet of natural gas from other states, most likely Pennsylvania. In four of the past five years, the per-therm cost for natural gas in the New York in May exceeded the U.S. average by 10 percent or less. In the past five years, electricity charges for local area consumers in May were 33 to 54 percent more than the national average. 279.6. In some states, gas prices are nearing $2 per gallon – something that hasn’t been seen since December 2017.”. One gas station in Manhattan’s Hell’s Kitchen neighborhood listed … (See chart 1. That's the highest price since October 2018, and $1.14 more than this time last year. Last Modified Date: Wednesday, June 13, 2018, Table 1. Average fuel prices on January 26, 2018 in the selected states ranged from $2.484 to $2.853 per gallon of gasoline and $2.977 to $3.450 per gallon of diesel. For the past five years, the local price of a gallon of gasoline in May has been within 3 percent of the national average. Search for cheap gas prices in Long Island, New York; find local Long Island gas prices & gas stations with the best fuel prices. NEW YORK (Sputnik) - Natural gas prices in New York City have spiked nearly three times in a single day due to a powerful winter storm and sustained cold weather, US Energy Information Administration said in a press release on Friday. By KATE FELDMAN. The total bill is the sum of all items applicable to all consumers appearing on an electricity bill including, but not limited to, variable rates per kWh, fixed costs, taxes, surcharges, and credits. The move, intended to reduce the oversupply of crude oil, is also expected to increase oil and gas prices in 2019. The average price per kilowatt-hour represents the total bill divided by the kilowatt-hour usage. For the past five years, the local price of a gallon of gasoline in May has been within 3 percent of the national average. Chief Regional Economist Martin Kohli noted that gasoline prices were up $0.509 compared to last May when area households paid $2.511 per gallon. Before sharing sensitive information, Gas costs $2.42 a gallon, according to the national average. We go by the gas stations every day and to me it’s ridiculous,” said Frank Coburn. Source: U.S. Department of Energy, Energy Information Administration "Natural Gas Navigator" Historic Price Series; Energy price inquiries should be addressed to Matt Milford at matthew.milford@nyserda.ny.gov, or 518-862-1090, ext. ... New York Weather: ... 2018 at 6:16 pm. Latest Surveyed Monthly Regular Grade Motor Gasoline Prices. Average prices are estimated from Consumer Price Index (CPI) data for selected commodity series to support the research and analytic needs of CPI data users. The following table compares the current average gas price statewide between New York, California and Texas. Federal government websites often end in .gov or .mil. The average price of diesel fuel in 2018 was $3.18. For some in the Great Lakes and Central states (Iowa, Kansas, Nebraska and Missouri) state gas prices are as much as 40-cents less than they were in November. ), The average price paid in May 2018 by New York area consumers for utility (piped) gas, commonly referred to as natural gas, was $1.262 per therm, 20 percent more than the national average of $1.050. Price (cents per gallon): New York Statewide. Average prices for commonly available grades of gasoline are published as well as the average price across all grades. The .gov means it's official. ), At $3.020 a gallon, the price of gasoline in the New York area was close to the $2.963 national average in May 2018. In 2017, area consumers paid 10 percent more than the national average. CBS2 Videos. Brody Jenner says bringing Mischa Barton on ‘The Hills’ was ‘sort of awkward’, ‘Utterly shameful’: Andrew Yang ripped by AOC, NYC Muslims over support for Israeli airstrikes, VIDEO: Largest residential building in Gaza collapses after Israeli airstrike, Students for Trump founder John Lambert sentenced to 13 months for posing as lawyer, Ship larger than the Empire State Building sailing to New York Harbor, will be biggest ever to dock on East Coast, ‘I ran for my life’: NYC subway conductor narrowly escapes crazed No. What was the average price of diesel fuel in 2017? Gas prices in Michigan skyrocketed 16 cents per gallon over the past week to an average of $2.96 per gallon. Region. At $3.020 a gallon, the price of gasoline in the New York area was close to the $2.963 national average in May 2018. ), The 21.0 cents per kWh New York households paid for electricity in May 2018 was 54 percent more than the national average of 13.6 cents per kWh. Absolute gas prices once again remained steady at $0.32 per gallon, meaning that at this time, a gallon of gas made up a slightly smaller percentage of a person's total income than it did in 2018. make sure you're on a federal government site. “Motorists are noticing a big difference as they fill-up at the gas pump this month,” Jeanette Casselano, AAA spokesperson, said in a statement. All eligible prices are converted to a price per normalized quantity. Last May, electricity prices were 47 percent higher in New York compared to the nation. Information in this release will be made available to sensory impaired individuals upon request. New York City USA Trend; Today: 3.057: 2.964: Yesterday: 3.045: 2.964: One Week Ago: 2.998: 2.899: One Month Ago: 2.937: 2.869: One Year Ago: 2.274: 1.830 * Average Regular Gas Prices - Updated: 12:15 AM Voice phone: 202-691-5200; Federal Relay Service: 800-877-8339. 2018-R-0048 January 26, 2018 Page 2 of 6 Downstate New York. But gas prices have been rising steadily for months, including in Central New York. The site is secure. Electricity prices averaged 21.0 cents per kilowatt hour (kWh), up from the 20.2 cents per kWh paid in May 2017. Info about flex fuel and ethanol costs. Average prices for gasoline, electricity, and utility (piped) gas, New York-Newark-Jersey City and the United States, May 2017–May 2018, not seasonally adjusted. Iowa. The same funding formula led to a 4.3 cent increase in gas taxes in 2018. For gasoline, the average price per gallon is published. E85 Prices in New York. (Data in this release are not seasonally adjusted; accordingly, over-the-year-analysis is used throughout. 3416; New York - Statewide One year earlier, consumers in the New York area also paid about the same as the national average. As of this writing, the result is as you would expect… Texas gas prices are lower than New York and much lower than California. Publication of Low Sulfur On-Highway Diesel (LSD) prices at the U.S. level was discontinued on December 8, 2008 due to a diminishing number of stations selling LSD as a result of EPA diesel fuel regulations. Research the E85 gasoline prices in your city. Pay your bill, report gas emergencies, and find useful energy saving and safety tips. GasBuddy provides the most ways to save money on fuel. Long Island is home to thousands of gas stations, and with prices seemingly always on the rise, getting the best price for gas locally can make all the difference in your bottom line. The https:// ensures that you are connecting to the official website and that any With the pipeline that meets about half of the East Coast’s transportation fuel needs sidelined, prices for wholesale gasoline in the futures market rose up to 4 percent Sunday evening, hitting levels unseen since 2018 at nearly $2.22 per gallon. “Oh, I’ve noticed every day. Before 2016, New Jersey had the second-lowest fuel tax in the nation; only Alaska’s was lower. An official website of the United States government Gas costs $2.42 a gallon, according to the national average. The national average sits at $2.42 a gallon, a 28 cent drop from last month and four cents lower than last year. These prices are then used to estimate a price for a defined fixed quantity. For utility (piped) gas, average prices per therm, are published. New Hampshire: $2.81 New Jersey: $2.91 New Mexico: $2.78 New York: $3.01 North Carolina: $2.70 North Dakota: $2.86 Ohio: $2.77 Oklahoma: $2.64 Oregon: $3.28 Pennsylvania: $3.07 Rhode Island: $2.90 South Carolina: $2.59 South Dakota: $2.90 Tennessee: $2.65 Texas: $2.63 Utah: $3.09 Vermont: $2.92 Virginia: $2.63 Washington: $3.40 West Virginia: $2.86 Wisconsin: $2.82 … Dec. 26, 2008 —Gas prices tumble to $1.64 a gallon. Learn about which gas stations have E85 fuel. Average prices for electricity, utility (piped) gas, and gasoline are published monthly for the U.S. city average, the 4 regions, 9 divisions, 2 population size classes, 8 region/size-class cross-classifications, and the 23 largest local index areas. U.S. regular retail gasoline prices averaged $2.60 per gallon (gal) in 2019, 11 cents/gal (4%) lower than in 2018. New York. In some states, gas prices … NEW YORK DAILY NEWS | Dec 10, 2018 at 6:15 PM . At first glance, you might think that it is purely a function of the proximity of oil wells. Sports. This is 0.43 more per gallon than the average price of regular gas. Just in time for the holidays, travel just got a lot cheaper. ... average national gas prices were rising nearly a penny per gallon each day. (See chart 3.). Gas prices plunge to 2018 low. This calculation also applies to the average price per therm for utility (piped) gas. Pa. Neb. Low gas prices appear to be minimizing the hype over the hybrid vehicle. “Month-over-month, gas price averages have dropped double digits for every state. `He was like a raging bull.’. Californians see the most expensive prices at the pump of the contiguous 48 states, forking over $3.45 a gallon, while it costs just $2 a gallon to fill up the tank in Missouri. Ohio. (See chart 2. One year earlier, consumers in the New York area also paid about the same as the national average. Menu. Gas prices have dropped to the lowest they’ve been since this time last year, AAA reported Monday. The national average price for a gallon of gasoline climbed to $4.086, according to a daily survey by motorist group AAA. Gasoline prices rose steadily during the first quarter of the year, rising from $2.24 on January 7 to $2.90/gal on May 6, before gradually declining through the rest of the year. CBS Sports Live. Gas prices around the world ... NEW YORK (CNN/Money) Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. information you provide is encrypted and transmitted securely. 7 rider with razor blade, Actress, music video star Tawny Kitaen dead at 59, Gunman identified in Colorado Springs birthday party shooting, cops say he killed girlfriend and 5 others because he wasn’t invited, Three NYPD officers, including ‘racist’ retired cop, arrested in car crash bribe scheme, Judge not amused by ‘fool’ who logged into court as ‘Buttf----r 3000’, Two shot, one dead, inside Bronx drug hangout: officials, Exiling the wrong politician: The tale of Liz Cheney, Kevin McCarthy and Donald Trump, Teen cheerleader found dead in Florida woods died of ‘sharp force trauma by stabbing,’ police say, A Black family gets to be normal and middle class in Mike Epps, Wanda Sykes sitcom ‘The Upshaws’, Brooklyn teen fatally shot on his way to meet woman he met online, Knicks lose to LeBron-less Lakers, can’t clinch first playoff spot in eight years, Hero detective Frank Serpico’s son dies of apparent OD in NYC home, NYPD Commissioner Shea answers City Council member’s public rebuke by saying he’d fire any cop who spoke in same way, New Yorkers turn to RVs for alternate living spaces, SEE IT: Enraged Queens motorist punches out two men who struck his car, steals their wallet and cell phones. 283.4. Upstate New York. But cheap road trips may not be around for long, though, after the Organization of Petroleum Exporting Countries announced last week that it will reduce overall production by 800,000 barrels a day for six months. Drivers have been taking a hit to their wallets thanks to pumped up gas prices. Still, prices remain well off from 2008, when crude oil prices jumped above $130 per barrel and average retail gas prices surged to an all-time high of $4.11 per gallon. Other gas stations tell us prices have gone up 10 cents in the last week. Gas prices have reached five dollars per gallon in New York City, Fox5NY reported on Tuesday. ill. Md. Here is how you know. For electricity, average prices per kilowatt-hour (kWh) are published. The average price of utility (piped) gas, at $1.262 per therm, was more than last May’s price of $1.136. 275.4. 33 to 54 percent more than the average price per kilowatt-hour ( kWh ), up the... 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