Gas prices are five cents lower in Western Pennsylvania this week at $3.575 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.575
Average price during the week of Sept. 3, 2024 $3.621
Average price during the week of Sept. 5, 2023 $3.852
The average price of unleaded self-serve gasoline in various areas:
$3.392 Altoona
$3.685 Beaver
$3.801 Bradford
$3.384 Brookville
$3.568 Butler
$3.527 Clarion
$3.442 DuBois
$3.528 Erie
$3.616 Greensburg
$3.600 Indiana
$3.599 Jeannette
$3.698 Kittanning
$3.559 Latrobe
$3.560 Meadville
$3.717 Mercer
$3.495 New Castle
$3.516 New Kensington
$3.597 Oil City
$3.609 Pittsburgh
$3.519 Sharon
$3.605 Uniontown
$3.773 Warren
$3.446 Washington
Trend Analysis:
After idling over the Labor Day weekend, the national average for a gallon of gasoline resumed its pace of daily declines this week. Today’s national average is $3.27, six cents cheaper than one week ago. Key contributors are low gas demand and the plunging cost of oil, which has been trending below $70 per barrel.
According to new data from the Energy Information Administration (EIA), gas demand fell last week from 9.30 million daily barrels to 8.93. Meanwhile, total domestic gasoline stocks rose slightly to 219.2 million barrels, and gasoline production increased. At the end of Wednesday’s formal trading session, West Texas Intermediate fell by $1.14 to settle at $69.20 a barrel. The EIA also reports that crude oil inventories decreased and are about 5% below the five-year average for this time of the 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 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.