JAMESTOWN – Gas prices in the Jamestown area remain higher than the statewide average.
According to GasBuddy.com gasoline costs continue to increase across the board.
As of Tuesday morning, the average price for a gallon of gas in Jamestown is $3.55 with New York State’s average price two cents higher at $3.53.
The statewide average is up ten cents from last week. One year ago, the New York’s average was $2.25.
Nationally, the average price for gasoline is now $3.39.
The reason for the increase? High oil prices, with costs topping $85 per barrel for the first time since 2014. That marks a 13 percent jump in oil prices this month alone, and a 120 percent rise since this time last year.
A global energy crunch is similarly impacting the prices of coal and natural gas.