AAA: Western PA Gas Prices Higher as National Average Continues to Climb
Gas prices in Western Pennsylvania are two cents higher this week at $3.311 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Western Pennsylvania Average $3.311
Average price during the week of July 12, 2021 $3.291
Average price during the week of July 20, 2020 $2.458
The average price of unleaded self-serve gasoline in various areas:
$3.251 Altoona
$3.299 Beaver
$3.363 Bradford
$3.369 Brookville
$3.293 Butler
$3.340 Clarion
$3.292 DuBois
$3.341 Erie
$3.277 Greensburg
$3.298 Indiana
$3.295 Jeannette
$3.300 Kittanning
$3.297 Latrobe
$3.347 Meadville
$3.367 Mercer
$3.258 New Castle
$3.291 New Kensington
$3.359 Oil City
$3.282 Pittsburgh
$3.292 Sharon
$3.320 Uniontown
$3.340 Warren
$3.277 Washington
Trend Analysis:
Since Memorial Day weekend, the national gas price average has increased 13 cents to $3.17. That is 98 cents more than a year ago, but 41 cents cheaper than this time in July 2014, when the national average was last above $3/gallon.
One of the primary reasons for more expensive gas prices this summer is high crude oil prices. However, last week crude prices fluctuated from a high of $75 per barrel down to $71 per barrel. News from the Organization of the Petroleum Exporting Countries (OPEC) over the weekend, that they have reached a deal to increase production in August, could give crude oil prices the potential to drop under $70 per barrel. Regardless, AAA expects higher pump prices to be the norm throughout the summer. However, the more expensive prices aren’t stopping motorists from filling-up based on strong gasoline demand numbers.
While gas demand dipped to 9.28 million barrels per day, in the Energy Information Administration’s (EIA) latest report, the rate is strong for summer. The EIA report also shows gasoline stocks increased by 1 million barrels to 236.5 million. The jump in supply and drop in demand lessened fluctuations in the national gas price average, which had a two-cent increase on the week. During the last seven days, 25 state averages increased by at least two cents, with 11 of those seeing jumps of a nickel or more.
Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.
AAA East Central is a not-for-profit association with 73 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.