Binghamton Gas Prices Rising Again
Pump prices are increasing at gas stations around the Binghamton area as the Labor Day weekend approaches.
While the cost of a gallon of regular is about three cents higher than a week ago, local prices still are about 14 cents a gallon lower than one year ago. That’s according to the AAA Daily Fuel Gauge Report.
The average cost of regular gas in the Binghamton market is about $3.80 a gallon.
The Fuel Gauge Report indicated the highest recorded average price locally was about $4.19 a gallon. That was the price in July 2008.
Many industry observers had predicted lower gas prices in September. But that’s now viewed as unlikely because of rising global crude oil prices linked to the crisis in Syria.