As gas prices continue to rise across the county, experts are warning that we could see $6 per gallon prices here in New York.

The current average price of a gallon of gas in New York is around $4.98 according to AAA. Currently, California is the only state in the country with an average price of a gallon of gas over $6 but that will change this summer.

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On top of already high gas prices, Gas stations and suppliers will have to switch over to the Summer blend of gas starting on June 1st. This blend costs more to make which means that increased cost will be passed along to the consumer.

According to the latest release from JP Morgan, the average price across the country will be over $6 by the end of Summer.

Pprices could surge another 37% by August, hitting a $6.20 per gallon national average. This is due to "expectations of strong driving demand" throughout the summer driving season, which spans from Memorial Day and lasts until Labor Day, the analysts, led by Natasha Kaneva, the head of JPMorgan's global commodities strategy team.

 

New York State has one of the Top 10 highest average prices for a gallon in the entire country.

The good news is that New Yorkers will get a bit of relief from high prices due to changes in the gas tax.

Starting on June 1st, New York State is going to waive their state tax on a gallon of gas which will save consumers around 16 cents per gallon. "The Gas Tax Holiday" will last for seven months.

Some New Yorkers will get even more help at the pump as some counties in the state are also waiving their gas tax during the "Gas Tax Holiday" as well.

 

High Gas Prices Might Be Good For New York

Gas prices continue to rise to unprecedented levels across the country, and while most people are right to think that is a very bad thing, there could be some good news when it comes to higher gas prices. 

 

Gallons Of Items That Cost More Than Gasoline

Gas prices continue to rise across the country but it compared to other items we love, the cost of a gallon of gas isn't that bad.

 

7 Photos To Show How Busy This WNY Gas Station Can Be

If you try to go to the Seneca One gas station in Buffalo on Perry St. after noon, it's going to be busier than you could imagine, and what I mean by that is -- there will be a longer wait to get gas than there is to talk to a customer service representative.

If you don't believe me, let the photos below explain for themselves.