AAA: As Summer Travel Season Begins, Gas Prices Still Falling

(Credit for Photo: Photo Provided with Release Courtesy of AAA East Central)

Noah Haswell, Beaver County Radio News

(Pittsburgh, PA) Gas prices in Western Pennsylvania fell 8 cents this week to an average of about $4.52 per gallon, according to AAA East Central’s Gas Price Report.

The national average for a gallon of regular gasoline decreased 16 cents over the past week to $4.16, marking the second consecutive weekly decline. AAA attributed the drop to crude oil prices remaining below $100 per barrel, though uncertainty remains regarding shipping traffic through the Strait of Hormuz.

According to the U.S. Energy Information Administration, gasoline demand fell from 9.25 million barrels per day to 8.59 million barrels per day last week. Domestic gasoline supplies increased from 211.6 million barrels to 215 million barrels, while gasoline production averaged 9.4 million barrels per day.

At the close of Wednesday’s trading session, West Texas Intermediate crude oil rose $2.26 to settle at $96.02 per barrel. The EIA reported that U.S. crude oil inventories decreased by 8 million barrels from the previous week to 433.7 million barrels, about 3% below the five-year average for this time of year.

The national average cost of electricity at public EV charging stations remained unchanged this week at 41 cents per kilowatt-hour.

The report states that the average price that you can expect for a gallon of regular unleaded gas here in Beaver County is about $4.77.

According to a release from AAA East Central and AAA East Central’s Gas Price Report, here are the average price of unleaded self-serve gasoline this week in various areas:

$4.384      Altoona
$4.773      Beaver
$4.438      Bradford
$4.333      Brookville
$4.590      Butler
$4.497      Clarion
$4.445      DuBois
$4.433      Erie
$4.335      Greensburg
$4.532      Indiana
$4.343      Jeannette
$4.698      Kittanning
$4.388      Latrobe
$4.491      Meadville
$4.632      Mercer
$4.569      New Castle
$4.628      New Kensington
$4.778      Oil City
$4.678      Pittsburgh
$4.176      Sharon
$4.649      Uniontown
$4.486      Warren
$4.577      Washington