Putting cows on the front page since 1885.

W. Pennsylvania Gas Prices Rise as Regional Inventory Continues To Grow

Gas prices in Western Pennsylvania are about a penny more expensive this week at $2.471 per gallon, according to AAA East Central’s Gas Price Report.

State gas price averages are as much as a nickel more in some Mid-Atlantic and Northeast states on the week (Pennsylvania, +1 cent). However, more states saw gas prices decrease than increase.

With a two-million-barrel build, Energy Information Administration (EIA) data measures the region’s gasoline stocks at a staggering 68 million barrels. The large stock continues to minimize fluctuation at the pump.

This week’s

average prices

Western Pennsylvania Average – $2.471

Average price during the week of Jan. 22, 2019 – $2.456

Average price during the week of Jan. 29, 2018 – $2.893

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

$2.465 Altoona

$2.484 Beaver

$2.539 Bradford

$2.461 Brookville

$2.277 Butler

$2.553 Clarion

$2.493 Du Bois

$2.517 Erie

$2.396 Greensburg

$2.595 Indiana

$2.455 Jeannette

$2.523 Kittanning

$2.337 Latrobe

$2.551 Meadville

$2.470 Mercer

$2.264 New Castle

$2.499 Pittsburgh

$2.296 Sharon

$2.523 Uniontown

$2.626 Warren

$2.515 Washington

On the national front

Many motorists filling up across the country are noticing gas prices that are increasing slightly. However, while nearly 25 states’ averages increased on the week, the national average is only a penny more than a week ago at $2.26.

The fluctuating national and state gas price averages come alongside an increase in gasoline demand and reflect the higher crude oil prices as of late.

High stocks of gasoline and colder-than-normal weather forecasted for much of the Midwest and East Coast are likely to keep gasoline prices steady over the week.

At the close of Friday’s formal trading session on the NYMEX, West Texas Intermediate increased 56 cents to settle at $53.69.

Overall, crude prices fell slightly last week after new EIA data showed that domestic crude oil inventories grew by an astonishing 8 million barrels last week.

At 445 million, the current crude inventory level is approximately 33 million barrels higher than at this time last year.

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

 

Reader Comments(0)