AAA: As Thanksgiving Week Begins, Gas Prices Fall in PA
Gas prices are four cents lower in Western Pennsylvania this week at $3.339 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.339
Average price during the week of Nov. 18, 2024 $3.374
Average price during the week of Nov. 27, 2023 $3.623
The average price of unleaded self-serve gasoline in various areas:
$3.387 Altoona
$3.277 Beaver
$3.751 Bradford
$3.248 Brookville
$3.267 Butler
$3.359 Clarion
$3.290 DuBois
$3.327 Erie
$3.304 Greensburg
$3.396 Indiana
$3.364 Jeannette
$3.446 Kittanning
$3.327 Latrobe
$3.345 Meadville
$3.361 Mercer
$3.191 New Castle
$3.235 New Kensington
$3.450 Oil City
$3.354 Pittsburgh
$3.045 Sharon
$3.319 Uniontown
$3.759 Warren
$2.986 Washington
Trend Analysis:
The national average for a gallon of gas continues its downward trend, falling two cents over the past week to $3.05 – matching the January 2024 low. There are now 28 states with averages below $3. Today’s national average is nine cents lower than a month ago and 20 cents lower than a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand plunged from 9.38 million barrels per day last week to 8.41. Meanwhile, total domestic gasoline stocks rose slightly from 206.9 million barrels to 208.9, while gasoline production decreased last week, averaging 9.3 million barrels daily.
At the close of Wednesday’s formal trading session, West Texas Intermediate fell 52 cents to settle at $68.87 a barrel. The EIA reports that crude oil inventories increased by 0.5 million barrels from the previous week. At 430.3 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.