AAA: Gas Prices Lower in Pennsylvania; National Demand on the Rise

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Gas prices in Western Pennsylvania are two cents cheaper this week at $2.993 per gallon, according to AAA East Central’s Gas Price Report.

This week’s average prices: Western Pennsylvania Average                    $2.993
Average price during the week of March 29, 2021                                    $3.010
Average price during the week of April 6, 2020                                         $2.183

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

$2.990      Altoona
$3.071      Beaver
$3.099      Bradford
$2.891      Brookville
$3.037      Butler
$2.897      Clarion
$2.945      DuBois
$3.063      Erie
$2.921      Greensburg
$3.074      Indiana
$3.070      Jeannette
$2.996      Kittanning
$3.003      Latrobe
$3.091      Meadville
$3.099      Mercer
$2.733      New Castle
$3.077      New Kensington
$3.099      Oil City
$3.029      Pittsburgh

$2.727      Sharon
$2.984      Uniontown
$3.099      Warren
$2.854      Washington

Trend Analysis:
Gasoline demand measured 8.9 million b/d in the Energy Administration’s (EIA) latest weekly report, up nearly 4% from the week prior. Because of the jump in demand, gasoline supplies tightened to 230.5 million barrels, the lowest level this year, and state gas prices averages saw major fluctuations. On the week, states saw pump price changes ranging from an increase of 15 cents to a decrease of 3 cents.

Today’s national average is $2.87, which is more expensive on the week (+1 cent), month (+12 cents) and year (+94 cents).

One factor that may help to keep the national gas price average below $3/gallon is the price of crude, which accounts for nearly 60% of the price at the pump. After hitting a 12-month high of $66/barrel last month, crude has been priced mostly at the $60/barrel mark recently. If it stays low, even with demand increasing, it will contribute to fewer pump price jumps.

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