Western Pennsylvania Gas Prices Nearly a Dime Cheaper; National Average Sets 2018 Low

Pennsylvania, Gas Prices
Old gas pump by Andrew Taylor
Photo by Andrew Taylor https://www.flickr.com/photos/profilerehab/ https://creativecommons.org/licenses/by/4.0/

After dropping by six cents last week, gas prices in Western Pennsylvania are nine cents cheaper this week at $2.716 per gallon according to AAA East Central’s Gas Price Report. 

Statewide, gasoline is nearly seven cents less expensive this week in Pennsylvania ($2.69).  Despite a draw of nearly 700,000 barrels, gasoline stocks continue to measure above 61 million in the Mid-Atlantic and Northeast region.  Regional refinery utilization has increased to 86 percent, indicating that a large build could be coming in the week ahead and contribute towards reducing gas prices even further.

This week’s average prices: Western Pennsylvania Average: $2.716
Average price during the week of November 26, 2018: $2.806
Average price during the week of December 4, 2017: $2.806

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

$2.578      Altoona
$2.751      Beaver
$2.739      Bradford
$2.794      Brookville
$2.660      Butler
$2.747      Clarion
$2.717      Du Bois
$2.686      Erie
$2.749      Greensburg
$2.743      Indiana
$2.752      Jeannette
$2.756      Kittanning
$2.664      Latrobe
$2.706      Meadville
$2.706      Mercer
$2.468      New Castle
$2.745      New Kensington
$2.780      Pittsburgh
$2.683      Sharon
$2.738      Uniontown
$2.806      Warren
$2.789      Washington


On the National Front 
On the week, motorists in 32 states are paying less to fill up compared to a year ago.  As the national gas price average drops to $2.46 it sets a new low price for the year and is cheaper than a year ago by two cents.  The last time the daily national gas price average was cheaper year-over-year was 18 months ago on July 6, 2017 when gas prices were $2.24 (versus $2.26 on July 6, 2016).  Not only is today’s national gas price average cheaper year-over-year, but also is 31-cents cheaper than a month ago and on the week, 24 states saw gas prices drop double digits. 

Cheap crude oil prices are largely driving fuel savings at the pump.  Last week, crude dropped to its lowest point of the year at $50/bbl.  However, this week’s Organization of Petroleum Exporting Countries (OPEC) meeting could disrupt the cost of crude.  OPEC is expected to make an announcement on production at its meeting this Thursday in Vienna, Austria.  The scheduled OPEC meeting has not had a negative impact on pump prices so far.

Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.

AAA East Central is a not-for-profit association with 80 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

-AAA-