Gas prices are 10 cents higher in Western Pennsylvania this week at $3.839 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.839
Average price during the week of April 1, 2024 $3.735
Average price during the week of April 10, 2023 $3.757
The average price of unleaded self-serve gasoline in various areas:
$3.809 Altoona
$3.839 Beaver
$3.846 Bradford
$3.811 Brookville
$3.841 Butler
$3.711 Clarion
$3.848 DuBois
$3.857 Erie
$3.852 Greensburg
$3.881 Indiana
$3.868 Jeannette
$3.821 Kittanning
$3.818 Latrobe
$3.877 Meadville
$3.880 Mercer
$3.726 New Castle
$3.864 New Kensington
**$3.888 Oil City
$3.842 Pittsburgh**
$3.823 Sharon
$3.844 Uniontown
$3.886 Warren
$3.860 Washington
Trend Analysis:
As domestic gasoline demand increases and oil prices are now in the mid-$80s per barrel range, the national average for a gallon of gas climbed six cents to $3.59 over the past week. Today’s national average is 19 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 from 8.72 to 9.23 million barrels per day last week. Meanwhile, total domestic gasoline stocks decreased by 4.2 million barrels to 227.8 million barrels. Higher demand and rising oil prices will likely nudge pump prices higher.
At the close of Wednesday’s formal trading session, West Texas Intermediate increased by 28 cents to settle at $85.43. Renewed Ukrainian attacks on Russia’s oil infrastructure and increasing tension in the Middle East are causing oil prices to spike even though EIA reporting an increase of 3.2 million barrels from the previous week. At 451.4 million barrels, U.S. crude oil inventories are about 2% 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 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.
