PITTSBURGH — Gas prices in Western Pennsylvania stayed at $2.548 per gallon this week, according to AAA East Central’s Gas Price Report.
Gas prices across the Mid-Atlantic and Northeast region continue to join the pack of most expensive states in the country, with Washington, D.C. ($2.55) and Pennsylvania ($2.52) leading the way. Gasoline stocks decreased by 2.1 million barrels last week, according to the latest EIA report. That decline puts total supplies on hand more than 10 million barrels lower than levels this time last year. Tighter supplies and growing demand have put pressure on gas prices, leading to increases throughout the region.
The average price of unleaded self-serve gasoline in Bradford was $2.480; while the highest was at $2.614 in Jeannette, the lowest in the region was in Sharon at $2.440.
Monday’s national average price of a gallon of regular unleaded gasoline is $2.32. The national average is at its highest price since June 15 and has now increased for 12 of the last 15 days. Pump prices in 47 states and Washington D.C. moved higher on the week, resulting from strong demand, rising exports and declining U.S. crude oil inventory levels.
The price per barrel of crude continues to push higher, with West Texas Intermediate approaching the $50 line on Monday after increasing 67 cents to hit $49.71 on Friday.