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Central New York drivers are facing average gas prices above $4.55 a gallon, prompting concerns from local leaders and business owners about rising transportation, grocery and housing costs.
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Syracuse food delivery drivers say rising gas prices are making their job nearly impossible to sustain, as fuel costs eat into earnings that were already razor thin.
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Gasoline prices in the Syracuse area jumped another $0.16 in the week ending May 11. Gas Buddy analysts say the uncertainty over war in Iran and ceasefire volatility continue to drive up prices.
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The ongoing war and general unrest in the Middle East are pushing prices dramatically higher.
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The local average went down four cents, and now sits at $4.14 per gallon.
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Analysts from GolfBuddy find gas prices in the Syracuse area spiked more than 20 cents int eh past week. Their review of 190 stations found the average at $3.72-a-gallon, about 78 cents higher than a month ago.
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The ongoing war in Iran continues to push gas prices higher in Syracuse and elsewhere, according to GasBuddy & AAA analysts. Seasonal shifts in demand & oil company practices expected to add to rise.
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Syracuse gas prices surged almost 50-cents in the past week. Analyst GasBuddy reports the rise due to the war in Iran has spiked crude oil and could press prices a the pump higher in coming weeks.
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Syracuse gas prices jumped an average of 6-cents-a-gallon in the past week, in Gas Buddy.com reports. Analysts say this spike shouldn’t last, if hurricanes are mild in oil refinery states.
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Analysts point to storm damage at refineries as prices rise ahead of Labor Day travel.