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.
