Gas prices are eight cents lower in Western Pennsylvania this week at $3.621 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.621
Average price during the week of August 26, 2024 $3.700
Average price during the week of September 5, 2023 $3.852
The average price of unleaded self-serve gasoline in various areas:
$3.434 Altoona
$3.743 Beaver
$3.802 Bradford
$3.443 Brookville
$3.593 Butler
$3.551 Clarion
$3.628 DuBois
$3.599 Erie
$3.659 Greensburg
$3.637 Indiana
$3.643 Jeannette
$3.744 Kittanning
$3.587 Latrobe
$3.608 Meadville
$3.712 Mercer
$3.570 New Castle
$3.546 New Kensington
$3.621 Oil City
$3.653 Pittsburgh
$3.491 Sharon
$3.656 Uniontown
$3.795 Warren
$3.558 Washington
Trend Analysis:
Pump prices continued to fall over the past week and are three cents lower this week at $3.32. With Labor Day signaling the unofficial end of the summer travel season, there was a slight uptick in gas demand but lower crude prices are helping to offset gas price increases. Today’s national average is 15 cents lower than a month ago and 49 cents less than a year ago.
According to new data from the Energy Information Administration (EIA), gas demand rose last week from 9.19 million barrels per day to 9.30. Meanwhile, total domestic gasoline stocks fell from 220.2 to 218.4 million barrels, and gasoline production decreased last week, averaging 9.6 million daily.
At the close of Wednesday’s formal trading session, West Texas Intermediate fell by $1.01 to settle at $74.52 a barrel. The EIA reports that crude oil inventories decreased by 0.8 million barrels from the previous week. At 425.2 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 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.
