PITTSBURGH — Gas prices in Western Pennsylvania are up three cents this week to $3.035 per gallon, according to AAA East Central’s Gas Price Report.
The average price of unleaded self-serve gasoline in Bradford is $3.099; Brookville, $3.006; Erie, $3.076; and Warren, $3.099.
At 9.1 million barrels-per-day, U.S. gasoline demand recorded its second highest measurement since mid-March 2020, indicating that motorists are filling up more often. This latest demand reading is the highest spring number released by the Energy Information Administration (EIA) in two years. In fact, it is only about 3% below the same week in 2019.
Both demand and supply have steadily increased in the past five weeks, but weekly gasoline supply builds are trending less substantial. On the week, supply only saw a 100,000 barrel build to 234.9 million barrels, most likely due to high consumer demand.
The jump in demand combined with the small increase in supply pushed the national gas price average two cents more expensive on the week to $2.88. This is the largest one-week national increase in the last five weeks.
