AAA: Gas Prices Still Rising in PA
Gas prices are four cents higher in Western Pennsylvania this week at $3.909 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.909
Average price during the week of July 31, 2023 $3.863
Average price during the week of August 8, 2022 $4.435
The average price of unleaded self-serve gasoline in various areas:
$3.987 Altoona
$3.816 Beaver
$3.905 Bradford
$3.944 Brookville
$3.898 Butler
$3.939 Clarion
$3.977 DuBois
$3.972 Erie
$3.903 Greensburg
$3.891 Indiana
$3.911 Jeannette
$3.883 Kittanning
$3.920 Latrobe
$3.967 Meadville
$3.997 Mercer
$3.795 New Castle
$3.871 New Kensington
$4.001 Oil City
$3.852 Pittsburgh
$3.754 Sharon
$3.878 Uniontown
$3.999 Warren
$3.852 Washington
Trend Analysis:
According to new data from the Energy Information Administration (EIA), gas demand decreased slightly from 8.94 to 8.84 million barrels per day last week. Meanwhile, total domestic gasoline stocks increased by 1.5 million barrels to 219.1 million barrels.
At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by $1.88 to settle at $79.49. Oil prices temporarily dropped after the U.S. credit rating declined, increasing market fears that oil demand could decline if the economy eases. Additionally, the EIA reported that total domestic, commercial crude inventories decreased by 17 million barrels to 439.8 million barrels.
Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.
AAA East Central is a not-for-profit association with 69 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. News releases are available at news.eastcentral.aaa.com. Follow us on Twitter and Facebook.