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Gas Prices Continue To Skyrocket In Armonk

ARMONK, N.Y. –  Gas prices around the state are climbing as we enter the home stretch of summer, but residents may have a tough time finding a higher price than at the pumps in Armonk.  As of Aug. 9, regular grade gasoline at both the Shell and Sunoco stations on Main Street are charging $4.49 per gallon, and ten cents more for credit purchases.

Patrick DeHaan, a senior petroleum analyst with GasBuddy.com, said that prices in New York recently experienced a major spike.

“Prices across the country have gone up recently, and in New York they’ve gone up by an average of ten cents a gallon just in the past week alone,” DeHaan said.

Just over a month ago, gas prices at the stations on Main Street were around $4.29 per gallon for regular grade.  The current prices are well over the state average in New York of about $3.85 per gallon for regular.  The state average has been on the rise since it bottomed out around the Fourth of July after hitting a yearly high of about $4.13 per gallon in early April.  DeHaan said the reasoning behind the increase in price recently is the increasing price of crude oil, which is about $94 per barrel now.

Residents in Armonk have the choice of many nearby gas stations if they’re looking for lower prices.  On Aug. 8, regular grade at the BP in North White Plains was $3.96 per gallon.  On the same day, the Citgo on Commerce Street in Thornwood had regular for $3.86 per gallon.

Hope is on the horizon though, DeHaan said, although it may not be for another few months.

“Historically the prices tend to stay high toward the end of summer and usually will start to decrease by the end of September before they bottom out around Thanksgiving and Christmas,” DeHaan said.

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