Gas prices are three cents lower in Western Pennsylvania this week at $3.376 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.376
Average price during the week of Jan. 6, 2025 $3.402
Average price during the week of Jan. 16, 2024 $3.372
The average price of unleaded self-serve gasoline in various areas:
$3.428 Altoona
$3.403 Beaver
$3.503 Bradford
$3.182 Brookville
$3.390 Butler
$3.381 Clarion
$3.389 DuBois
$3.349 Erie
$3.319 Greensburg
$3.415 Indiana
$3.385 Jeannette
$3.452 Kittanning
$3.378 Latrobe
$3.403 Meadville
$3.477 Mercer
$3.246 New Castle
$3.362 New Kensington
$3.383 Oil City
$3.379 Pittsburgh
$3.229 Sharon
$3.341 Uniontown
$3.499 Warren
$3.348 Washington
Trend Analysis:
The national average for a gallon of gas is stable and has not budged since last week, staying at $3.06. Looking back at 2024, the high point for the national average was $3.67 on April 19, and the low was $3.01 on December 10. Today’s national average for a gallon of gas is four cents more than a month ago and a penny less than a year ago.
According to new data from the Energy Information Administration (EIA), gasoline demand rose from 8.16 million barrels per day last week to 8.48. Meanwhile, total domestic gasoline stocks soared from 231.4 million barrels to 237.7, while gasoline production decreased last week, averaging 8.9 million barrels daily. The retail price for regular-grade gasoline averaged $3.30 per gallon in 2024, 21 cents less than in 2023.
The EIA also reported that the United States produced more crude oil than any other nation in the six years 2018-2023. Crude oil production in the United States averaged 12.9 million barrels daily in 2023, breaking the previous U.S. and global record of 12.3 million in 2019.
At the close of Wednesday’s formal trading session, West Texas Intermediate fell 93 cents to settle at $73.32 a barrel. The EIA reports that crude oil inventories decreased by 1.0 million barrels from the previous week. At 414.6 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.
