The average price of gas is down this week, dropping to a price of $3.84 for an unleaded gallon across Western Pennsylvania. The average is down six cents from $3.90 a week ago, and fifteen cents below the average of $3.99 one year ago.
However, Beaver County’s average of $3.94 per gallon is ten cents higher than the Western PA average, and it is the highest regional total throughout AAA East Central’s coverage area. It is one of only two regions above $3.90, with the Mercer area clocking in at $3.91 this week. Furthermore, Butler’s average of $3.87 and the average of $3.86 in the Pittsburgh region are both higher than the overall average of $3.84.
The average price of unleaded self-serve gasoline in various areas:
$3.797 Altoona
$3.941 Beaver
$3.761 Bradford
$3.811 Brookville
$3.874 Butler
$3.872 Clarion
$3.862 DuBois
$3.841 Erie
$3.831 Greensburg
$3.852 Indiana
$3.871 Jeannette
$3.879 Kittanning
$3.850 Latrobe
$3.753 Meadville
$3.912 Mercer
$3.685 New Castle
$3.882 New Kensington
$3.863 Oil City
$3.860 Pittsburgh
$3.853 Sharon
$3.865 Uniontown
$3.881 Warren
$3.840 Washington
Trend Analysis:
Domestic pump prices maintained their daily decline despite the uncertainty in the oil market in the days since Hamas terrorists attacked Israel. Oil prices have risen a few dollars per barrel this week, but that is far from the roughly $40 per barrel temporary spike following last year’s Russian invasion of Ukraine. The critical difference is that Russia is a significant oil producer, while Israel and the Palestinian territories are not. The national average for a gallon of gas has fallen 10 cents since last week to $3.64. Today’s national average is 27 cents less than a month ago and 28 cents less than a year ago.
According to new data from the Energy Information Administration (EIA), gas demand increased from 8.01 to 8.58 million barrels per day last week. On the other hand, total domestic gasoline stocks fell by 1.3 million barrels to 225.7 million barrels. Tepid demand, alongside descending oil prices, has pushed pump prices lower.
Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.