AAA: Western PA Gas Prices Lower as National Average Decreases

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Gas prices in Western Pennsylvania are one cent lower this week at $3.248 per gallon, according to AAA East Central’s Gas Price Report.

This week’s average prices: Western Pennsylvania Average                 $3.248
Average price during the week of June 14, 2021                                      $3.251
Average price during the week of June 22, 2020                                      $2.440

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

$3.156      Altoona
$3.256      Beaver
$3.253      Bradford
$3.241      Brookville
$3.248      Butler
$3.260      Clarion
$3.235      DuBois
$3.250      Erie
$3.253      Greensburg
$3.259      Indiana
$3.261      Jeannette
$3.254      Kittanning
$3.259      Latrobe
$3.245      Meadville
$3.270      Mercer
$3.227      New Castle
$3.258      New Kensington
$3.259      Oil City
$3.249      Pittsburgh

$3.242      Sharon
$3.279      Uniontown
$3.259      Warren
$3.232      Washington

Trend Analysis:

Increasing gasoline stock levels have helped to keep gas prices mostly stable across the country. On the week, 40 state gas price averages held steady or saw fluctuation of only one to two cents. This helped the national average decrease by a penny since last Monday, down to $3.07 today.

According to Energy Information Administration (EIA) data, total gasoline stocks sit at 242.9 million barrels, which is a 9 million barrel surplus compared to the same week in June 2019. Stock levels have increased in line with refinery utilization rates, which are at the highest rate since January 2020. Demand is also trending higher. In EIA’s latest report, demand increased by nearly 1 million barrels per day to 9.3 million barrels per day.

Despite the latest increase in demand, many motorists are not seeing significant pump price jumps due to increasing stock levels, which have significantly built over the last four weeks. During this same period, the national gas price average has only increased four cents.

Last week, the price of crude oil increased to $72 per barrel, but decreased by $2 per barrel at Friday’s close. If crude prices trend at this or a lower price point for a sustained period, that would help to minimize jumps at the pump through the end of this month.

Today’s national gas price average is more expensive on the month (+3 cents) and the year (+95 cents).

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