AAA: Gas Prices Dip in PA
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Gas prices are a penny lower in Western Pennsylvania this week at $3.423 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.423
Average price during the week of Dec. 9, 2024 $3.438
Average price during the week of Dec. 18, 2023 $3.456
The average price of unleaded self-serve gasoline in various areas:
$3.345 Altoona
$3.473 Beaver
$3.631 Bradford
$3.310 Brookville
$3.482 Butler
$3.366 Clarion
$3.414 DuBois
$3.386 Erie
$3.415 Greensburg
$3.410 Indiana
$3.444 Jeannette
$3.471 Kittanning
$3.454 Latrobe
$3.444 Meadville
$3.493 Mercer
$3.254 New Castle
$3.425 New Kensington
$3.499 Oil City
$3.396 Pittsburgh
$3.224 Sharon
$3.396 Uniontown
$3.602 Warren
$3.385 Washington
Trend Analysis:
The national average for a gallon of gas has risen a penny over the past week to $3.02. It has been close to the $3 level for five weeks, and 31 states already have averages below $3. Today’s national average is five cents less than a month ago and five cents less than a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand rose just a bit from 8.73 million barrels per day last week to 8.81, about 50,000 barrels per day lower than the same week in 2023. Meanwhile, total domestic gasoline stocks rose from 214.6 million barrels to 219.7, while gasoline production increased last week, averaging 10.0 million barrels daily.
At the close of Wednesday’s formal trading session, West Texas Intermediate rose $1.70 to settle at $70.29 a barrel. The EIA reports that crude oil inventories decreased by 1.4 million barrels from the previous week. At 422.0 million barrels, U.S. crude oil inventories are about 6% 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.