AAA: Gas Prices Rising in Pennsylvania

Gas prices are two cents higher in Western Pennsylvania this week at $3.655 per gallon, according to AAA East Central’s Gas Price Report. 

This week’s average prices: Western Pennsylvania Average                         $3.655
Average price during the week of February 26, 2024                                       $3.634
Average price during the week of March 6, 2023                                              $3.767

The average price of unleaded self-serve gasoline in various areas:      

$3.683      Altoona
$3.669      Beaver
$3.633      Bradford
$3.669      Brookville
$3.649      Butler
$3.549      Clarion
$3.684      DuBois
$3.638      Erie
$3.678      Greensburg
$3.683      Indiana
$3.666      Jeannette
$3.616      Kittanning
$3.664      Latrobe
$3.672      Meadville
$3.699      Mercer
$3.527      New Castle
$3.636      New Kensington
$3.696      Oil City
$3.644      Pittsburgh
$3.677      Sharon
$3.694      Uniontown
$3.693      Warren
$3.652      Washington

Trend Analysis: 

Motorists saw gas prices increase over the final week of February. The national average for a gallon of gas is $3.35, nine cents higher than it was one week ago. Historically, March and April bring higher gas prices as travelers start heading out of town for Spring Break and demand increases. Today’s national average is 24 cents more than a month ago but four cents less than a year ago.

According to new data from the Energy Information Administration (EIA), gas demand increased from 8.2 to 8.47 million barrels per day last week. Meanwhile, total domestic gasoline stocks declined by 2.8 million barrels to 244.2 million barrels. Growing demand amid tighter supply has contributed to the increase in pump prices.

At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by 33 cents to settle at $78.54. Oil prices fell after the EIA’s weekly report showed that total domestic commercial crude stocks increased by 4.2 million barrels to 447.2 million barrels last week. The supply increase could signal that crude demand is loosening, contributing to a reduction in oil prices.

Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.

AAA East Central is a not-for-profit association with 70 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.