PITTSBURGH — The average price of gasoline across Western Pennsylvania is seven cents cheaper this week at $2.850 per gallon, according to AAA East Central’s Gas Price Report.
Within the Mid-Atlantic and Northeast region, gas prices range from $2.86 in New York to $2.43 in Virginia. Statewide, the average price of gasoline in Pennsylvania is five cents cheaper this week at $2.84.
The average price of unleaded self-serve gasoline in Bradford is $2.959; in Brookville, $2.944; in DuBois, $2.834; and in Warren, $2.972.
The national average price of gasoline is six cents cheaper this week at $2.68. This marks a consistent downward trend since Memorial Day, which is unusual for this time of year. Pump prices usually trickle higher during the summer months due to increased demand. However, the latest Energy Information Administration (EIA) report reveals that total domestic gasoline inventories jumped a million barrels last week, helping to push pump prices lower. According to the Oil Price Information Service (OPIS), strong production output and increased imports have helped gasoline storage levels grow consistently over the past four weeks.
According to the latest EIA report, gasoline demand reached 9.877 million b/d last week — the 6th highest weekly count on record. Today’s national average is $2.68, which is six cents cheaper than last week, 17 cents less than last month and 20 cents less than the same time last year.