Gas prices are two cents lower in Western Pennsylvania this week at $3.796 per gallon, according to AAA East Central’s Gas Price Report. 

This week’s average prices: Western Pennsylvania Average                         $3.796
Average price during the week of June 10, 2024                                              $3.817
Average price during the week of June 19, 2023                                              $3.655

The average price of unleaded self-serve gasoline in various areas:      

$3.647      Altoona
$3.883      Beaver
$3.886      Bradford
$3.713      Brookville
$3.747      Butler
$3.746      Clarion
$3.731      DuBois
$3.769      Erie
$3.696      Greensburg
$3.698      Indiana
$3.821      Jeannette
$3.848      Kittanning
$3.872      Latrobe
$3.846      Meadville
$3.924      Mercer
$3.738      New Castle
$3.720      New Kensington
$3.879      Oil City
$3.801      Pittsburgh
$3.755      Sharon
$3.867      Uniontown
$3.899      Warren
$3.819      Washington

Trend Analysis:
The national average for a gallon of gasoline has remained steady over the past week at $3.44. Lackluster gasoline demand, increasing supply and stable oil costs are contributing to stationary pump prices. Today’s national average is 15 cents lower than a month ago and 13 cents less than a year ago.

According to new data from the Energy Information Administration (EIA), gas demand crept higher from 8.94 million barrels per day to 9.04 last week. Meanwhile, total domestic gasoline stocks jumped from 230.9 to 233.5 million barrels as production increased last week, averaging 10.1 million barrels per day. Mediocre gasoline demand, increasing supply, and stable oil costs will likely lead to falling pump prices.

At the close of Wednesday’s formal trading session, West Texas Intermediate rose by 60 cents to settle at $78.50 a barrel. The EIA reports that crude oil inventories increased by 3.7 million barrels from the previous week. At 459.7 million barrels, U.S. crude oil inventories are about 4% below the five-year average for this time of year.

Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.

AAA East Central is a not-for-profit association with 70 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.