Gas Prices Lower in Pennsylvania; Demand Continue to Trend Low

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The average price of gasoline across Western Pennsylvania is two cents lower this week at $2.482 per gallon, according to AAA East Central’s Gas Price Report.

This week’s average prices: Western Pennsylvania Average                  $2.482
Average price during the week of November 2, 2020                                $2.501
Average price during the week of November 11, 2019                              $2.785

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

$2.490      Altoona
$2.525      Beaver
$2.557      Bradford
$2.541      Brookville
$2.413      Butler
$2.475      Clarion
$2.345      DuBois
$2.552      Erie
$2.395      Greensburg
$2.599      Indiana
$2.294      Jeannette
$2.587      Kittanning
$2.555      Latrobe
$2.585      Meadville
$2.577      Mercer
$2.178      New Castle
$2.574      New Kensington
$2.599      Oil City
$2.478      Pittsburgh

$2.426      Sharon
$2.510      Uniontown
$2.599      Warren
$2.235      Washington

Trend Analysis:
The national gas price average pushed a penny cheaper this week to $2.11, following an increase in gasoline stocks and a dip in demand. The Energy Information Administration reports stocks added 1.5 million barrels to total 227.6 million, while demand decreased to 8.3 million b/d.

Domestic crude prices fluctuated last week due to market concern about increasing coronavirus infections worldwide, which is likely to lower crude demand. While oil prices rallied on the week, up from a four-month low of $35/barrel to as high as $39/barrel, they remain relatively inexpensive. This is a dominant factor, along with already low demand, contributing to the cheaper prices seen at pumps around the country.

On the week, only four states saw gas prices increase: Indiana (+6 cents), Ohio (+6 cents) and Illinois (+2 cent) and Washington, D.C. (+1 cent). As has been the trend for weeks now, the majority of states gas price averages continue to push cheaper. Nearly 20 states start the week with an average at least three cents cheaper than last Monday. Today’s national average is seven cents cheaper than last month and 51 cents less expensive than last year.

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