Bradford motorists are paying an average of $2.268 a gallon for unleaded, self-serve gasoline this week, according to the American Automobile Association Fuel Gauge Report.
Elsewhere across the region, the average price for gas stands at $2.370 a gallon, which is steady compared to last week. Nationwide, the average cost for gas is $2.18 a gallon, which is an increase of five cents per gallon from last week, four cents less than a month ago and 14 cents more than the same date last year.
AAA officials said the Organization of Petroleum Exporting Countries (OPEC) elected to cut its collective production when the group met last Wednesday in Vienna, Austria, in an effort to rebalance the global oil supply and raise prices. Markets reacted quickly to the production agreement with crude oil gaining 12 percent and leading to increased retail prices. The deal is set to take effect in January.
The following is a list of the average price of unleaded self-serve gasoline in various areas: $2.395, Altoona; $2.343, Brookville; $2.367, Clarion; $2.309, DuBois; $2.351, Erie; $2.399, Indiana; $2.389, Meadville; $2.390, Pittsburgh; and $2.396, Warren.
