Gas prices are steady in Western Pennsylvania this week at $3.852 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average: $3.852
Average price during the week of April 15, 2024: $3.853
Average price during the week of April 24, 2023: $3.812
The average price of unleaded self-serve gasoline in various areas:
$3.812 Altoona
$3.892 Beaver
$3.897 Bradford
$3.752 Brookville
$3.845 Butler
$3.757 Clarion
$3.818 DuBois
$3.874 Erie
$3.823 Greensburg
$3.887 Indiana
$3.886 Jeannette
$3.852 Kittanning
$3.889 Latrobe
$3.865 Meadville
$3.926 Mercer
$3.777 New Castle
$3.786 New Kensington
$3.896 Oil City
$3.867 Pittsburgh
$3.840 Sharon
$3.902 Uniontown
$3.898 Warren
$3.857 Washington
Trend Analysis:
Lackluster domestic demand for gasoline paired with decreasing oil prices has limited gas price increases over the past week. The national average for a gallon of gas climbed four cents to $3.67. With tensions rising over the past three weeks in the Middle East, the cost of oil reached the upper $80s per barrel. However, it has since fallen several dollars into the low $80s as the oil market watches to see if any further military actions occur. Today’s national average is 14 cents more than a month ago and the same as a year ago.
According to new data from the Energy Information Administration (EIA), gas demand rose slightly from 8.61 to 8.66 million barrels per day last week. Meanwhile, total domestic gasoline stocks decreased by 1.1 million barrels to 227.4 million barrels. Higher demand and a rise in oil prices could push pump prices higher.
At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by $2.67 to settle at $82.86. Oil prices dipped as the EIA reported crude oil inventories increased by 2.7 million barrels from the previous week. At 460.0 million barrels, U.S. crude oil inventories are just 1% below the five-year average for this time of year.
Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.
