PITTSBURGH — Gas prices in Western Pennsylvania are about one cent less expensive this week at $2.456 per gallon, according to AAA East Central’s Gas Price Report.
Pump prices continue to fluctuate, though modestly, for motorists filling up in the Mid-Atlantic and Northeast region. Most states saw gas prices decrease as much as four cents on the week, while some states saw slight increases. Statewide, Pennsylvania’s average is the same this week at $2.48.
Gasoline stocks in the region have jumped by a staggering 5 million barrels since the end of December, per Energy Information Administration (EIA) data for the week ending Jan. 11. An increase in the winter months is not uncommon, but it’s a vast difference from the same period last year that only saw a 2-million-barrel increase. The surge in stocks, attributed to imports and low demand, combined with a 5-million-barrel yearly surplus is helping to keep any fluctuation in the region modest.
The average price of unleaded self-serve gasoline in Bradford is $2.537; in Brookville, $2.468; in DuBois, $2.512; in Erie, $2.457; and in Warren, $2.639.
The national gas price average held flat on the week at $2.25, just three cents away from the lowest U.S. average since December 2016. However, as crude oil prices continue to climb, it does not look like pump prices will drop much lower than we’ve seen so far this year.