Gas prices are three cents lower in Western Pennsylvania this week at $3.713 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.713
Average price during the week of July 29, 2024 $3.742
Average price during the week of August 7, 2023 $3.909
The average price of unleaded self-serve gasoline in various areas:
$3.537 Altoona
$3.805 Beaver
$3.854 Bradford
$3.466 Brookville
$3.618 Butler
$3.616 Clarion
$3.676 DuBois
$3.640 Erie
$3.715 Greensburg
$3.784 Indiana
$3.727 Jeannette
$3.834 Kittanning
$3.821 Latrobe
$3.687 Meadville
$3.822 Mercer
$3.669 New Castle
$3.544 New Kensington
$3.833 Oil City
$3.743 Pittsburgh
$3.686 Sharon
$3.773 Uniontown
$3.843 Warren
$3.698 Washington
Trend Analysis:
The national average for a gallon of gas dipped three cents since last week to $3.47. The drop comes as Hurricane Debby has made landfall today in Florida but so far, has had no significant impact on oil production. Today’s national average is four cents less than a month ago and 36 cents less than a year ago.
According to new data from the Energy Information Administration (EIA), gas demand slid from 9.45 million barrels per day to 9.25 last week. Meanwhile, total domestic gasoline stocks fell from 227.4 to 223.8 million barrels. Gasoline production decreased last week, averaging 10.0 million barrels per day.
At the close of Wednesday’s formal trading session, West Texas Intermediate rose by $3.18 cents to settle at $77.91 a barrel. The EIA reports that crude oil inventories decreased by 3.4 million barrels from the previous week. At 433.0 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.
