Another fall in Albany gas prices

ALBANY, N.Y. (NEWS10) – On Monday, April 11, GasBuddy reported a weekly update on Albany gas prices. All Albany-based data is from GasBuddy’s daily survey of 546 stations in Albany.

Average gasoline prices in Albany have fallen 5.9 cents per gallon in the last week, averaging $4.19/g Monday, April 11. Prices in Albany are 24.4 cents per gallon lower than a month ago and stand $1.33/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Albany was priced at $3.93/g Monday, April 11 while the most expensive was $4.44/g, a difference of 51.0 cents per gallon. The lowest price in the state yesterday was $3.71/g while the highest was $5.18/g, a difference of $1.47/g.

The national average price of gasoline has fallen 7.5 cents per gallon in the last week, averaging $4.10/g Monday, April 11. The national average is down 23.3 cents per gallon from a month ago and stands $1.25/g higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

Historical gas prices in Albany and the national average

  • April 11, 2021: $2.86/g (U.S. Average: $2.85/g)
  • April 11, 2020: $2.20/g (U.S. Average: $1.84/g)
  • April 11, 2019: $2.67/g (U.S. Average: $2.82/g)
  • April 11, 2018: $2.68/g (U.S. Average: $2.67/g)
  • April 11, 2017: $2.41/g (U.S. Average: $2.40/g)
  • April 11, 2016: $2.12/g (U.S. Average: $2.04/g)
  • April 11, 2015: $2.48/g (U.S. Average: $2.39/g)
  • April 11, 2014: $3.71/g (U.S. Average: $3.62/g)
  • April 11, 2013: $3.72/g (U.S. Average: $3.56/g)
  • April 11, 2012: $4.09/g (U.S. Average: $3.91/g)

Neighboring areas and their current gas prices:

  • Waterbury- $3.74/g, down 22.2 cents per gallon from last week’s $3.96/g.
  • Hartford- $3.83/g, down 16.1 cents per gallon from last week’s $3.99/g.
  • Springfield- $3.95/g, down 10.0 cents per gallon from last week’s $4.05/g.

“Gas prices have continued to move in the right direction – down- saving Americans approximately $100 million every day compared to when prices peaked about a month ago. And, more good news is on the horizon: the national average this week will likely fall back under the critical $4 per gallon mark,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “It remains possible that gas prices may have hit their 2022 peak, barring the typical caveats like the Russia war on Ukraine, the economy, hurricane season and Covid don’t take drastic and unexpected turns. Diesel prices are also falling and likely to go back under the $5 per gallon average this week. The situation for now continues to show signs of improving, with the national average falling back into the $3 range as early as this week.”

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