Gas prices are a penny cheaper in Western Pennsylvania this week at $3.845 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.845
Average price during the week of April 22, 2024 $3.852
Average price during the week of May 1, 2023 $3.790
The average price of unleaded self-serve gasoline in various areas:
$3.819 Altoona
$3.892 Beaver
$3.898 Bradford
$3.764 Brookville
$3.846 Butler
$3.768 Clarion
$3.809 DuBois
$3.868 Erie
$3.780 Greensburg
$3.888 Indiana
$3.879 Jeannette
$3.865 Kittanning
$3.885 Latrobe
$3.865 Meadville
$3.918 Mercer
$3.767 New Castle
$3.703 New Kensington
**$3.891 Oil City
$3.867 Pittsburgh**
$3.831 Sharon
$3.894 Uniontown
$3.899 Warren
$3.848 Washington
Trend Analysis:
As domestic gasoline demand and the cost of oil remained steady over the past week, the national average is now two cents lower at $3.65. Today’s national average is 12 cents higher than a month ago and four cents higher than a year ago.
According to new data from the Energy Information Administration (EIA), gas demand fell from 8.66 to 8.42 million barrels per day last week. Meanwhile, total domestic gasoline stocks decreased by .6 million barrels to 226.7 million barrels.
At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by 55 cents to settle at $82.81. Oil prices dipped despite the EIA reporting crude oil inventories fell by 6.4 million barrels from the previous week. At 454 million barrels, U.S. crude oil inventories are 4% 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.
