Oil and gas prices on the rise as demand surges
AAA says the current average price of gas on Long Island is $3.38 a gallon – an increase from $3.37 on Friday. Last week, the average was $3.31. The price average this time last year was $2.19.
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Oct 16, 2021, 4:12 PM
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Updated 1,123 days ago
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6ds agoOil prices are the highest they've been in years and now prices
are up at the pump too.
Usually, this time of year gas prices go down, but demand
for gas and oil is growing faster than production as the economy comes back to
life following shutdowns caused by COVID-19.
AAA says the current average price of gas on Long Island is
$3.38 a gallon – an increase from $3.37 on Friday. Last week, the average was
$3.31. The price average this time last year was $2.19.
Crude oil is now more than $82 a barrel, the highest it's
been since October 2014.
The worldwide price surge in oil is also expected to impact
home heating bills this winter.
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