Western Pennsylvania Gas Prices Follow National Upward Trend

Pennsylvania, Gas Prices
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Gas prices in Western Pennsylvania increased by three cents this week to $2.893 per gallon, according to AAA East Central’s Gas Price Report. 

Four states in the Mid-Atlantic and Northeast region have gas prices that are 5 cents more expensive on the week; Pennsylvania gasoline is, on average, three cents more expensive than last week.  New York is one of the most expensive in the region and the country, along with Pennsylvania ($2.86), Washington, D.C. ($2.79) and Connecticut ($2.72).

The region saw the largest addition of gasoline inventories in the country with a 2.3 million barrel add.  The 63 million barrel total sits eight million below the Energy Information Administration’s (EIA) report from the same week last year.

This week’s average prices: Western Pennsylvania Average:  $2.893
Average price during the week of January 22, 2018: $2.861
Average price during the week of January 30, 2017: $2.574

The average price of unleaded self-serve gasoline in various areas:      

$2.938      Altoona
$2.905      Beaver
$2.956      Bradford
$2.893      Brookville
$2.896      Butler
$2.920      Clarion
$2.890      Du Bois
$2.779      Erie
$2.927      Greensburg
$2.955      Indiana
$2.955      Jeannette
$2.961      Kittanning
$2.920      Latrobe
$2.946      Meadville
$2.899      Mercer
$2.772      New Castle
$2.915      New Kensington
$2.896      Pittsburgh
$2.760      Sharon
$2.788      Uniontown
$2.960      Warren
$2.825      Washington


On the National Front
At $2.58, the national gas price is four cents more expensive on the week.  Across the country, motorists in 47 states and Washington, D.C. have seen pump prices increase as much as 9 cents with the Great Lakes, Central, South and Southeastern states seeing the largest increases.  The EIA reports an increase on the week in gasoline demand and inventories.

Nationally, gas prices are 10 cents more expensive than one month ago and 30 cents more than one year ago. On the month, Iowa (+18 cents) has seen the largest increase. Compared to one year ago, motorists in Indiana (+52 cents) top the list for the largest increase, while New Mexico (+15 cents) has seen the smallest increase in the country.

At the close of Friday’s formal trading session on the NYMEX, West Texas Intermediate increased 63 cents to settle at $66.14.  Moving into this week, oil prices are likely to continue trending higher.  EIA’s latest weekly report highlights that U.S. crude inventories reached their lowest level in nearly three years at 411.6 million barrels.

Crude production in the U.S. continues to inch closer to a new 10 million barrel-per-day record, which most market analysts expect the U.S. to hit sometime this year.  Market observers remain cautiously optimistic about this year due to worries about growing production rates from large producers who are not participating in the OPEC production agreement.  These producers, such as the U.S., could thwart OPEC efforts to rebalance supply.

Motorists can find current gas prices at GasPrices.AAA.com.

AAA East Central is a not-for-profit association with 81 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.

For More Information, Contact:
Jim Garrity, Public & Community Relations Manager
Desk: 412-365-7274 / Cell: 412-905-9021 / Email: Garrity.James@aaaec.com

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