Andy Close
Gas prices are two cents lower in Western Pennsylvania this week at $3.790 per gallon, according to AAA East Central’s Gas Price Report.
Lower oil prices are causing pump prices to fall, with the national average for a gallon of regular gasoline dropping a nickel since last week to hit $3.61. Today’s national average is 11 cents more than a month ago but 57 cents less than a year ago.
The average price of gas in Warren is $3.80
At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by $2.77 to settle at $74.30. Oil prices fell amid ongoing market concerns that low consumer confidence could contribute to a recession this year. Additionally, the EIA reported that total domestic commercial crude inventories decreased by 5.1 million barrels to 460.9 million barrels last week.
Nationally, Monday’s average is 11 cents more than it was one month ago, but 57 cents less than a year ago.
For more prices in Pennsylvania, click here.
