PITTSBURGH — The average price of gasoline across Western Pennsylvania is steady this week at $2.475 per gallon, according to AAA East Central’s Gas Price Report.
Most states in the Mid-Atlantic and Northeast region saw minimal gas price fluctuation this week. Eight states saw no change at the pump, while others only experienced a one to two cent increase or decrease.
Pennsylvania ($2.43) and Washington, D.C. ($2.34) rank among the top 10 most expensive states/territories in the country. Virginia ($1.98) is the only state in the region with a less than $2/gallon average.
Regional inventory held above 75 million barrels, with the Energy Information Administration’s (EIA) report showing a small dip from 75.4 to 75.2 million barrels. The mostly stable hold on stocks helped to keep gas price fluctuation to a minimum in the past week.
The average price of unleaded self-serve gasoline in Bradford was $2.499; in Brookville, $2.484; in DuBois, $2.480; in Erie, $2.480; and in Warren, $2.505.
The national gas price average increased just one cent to $2.18 on the week, despite a dip in U.S. demand for gasoline and gasoline stocks increasing by 1 million barrels. The slight drop in demand — 47,000 barrels-per-day — amid the increase in inventory comes as many states report increases in COVID-19 cases, potentially causing Americans to reconsider outings.
For motorists who hit the road for the Independence Day holiday, gas prices were nearly 60 cents cheaper than last year and the most inexpensive prices for the holiday since 2004.