Western Pa. gas prices dip
Western Pennsylvania gas prices dipped about four cents to $3.72 a gallon this week, according to AAA East Central.
Amid continuing geopolitical tensions in Eastern Europe, the Middle East and Northern Africa, American motorists are paying the lowest average retail price at the pump since March 17. This is due to U.S. refineries running near their highest rates since 2005, according to the Energy Information Administration, and domestic demand that was reported last week to have dropped back below nine million barrels per day.
The national average price for unleaded gasoline has dropped every day in July and has fallen on 32 consecutive days, which is just short of the multi-year record of 36 straight daily declines registered last fall. Tuesday’s average of $3.52 per gallon is five cents less than one week ago and 11 cents less than the same date last year.
Over the last week consumers in 46 states and Washington D.C. have seen the price at the pump continue to fall, led by drivers in several Midwestern states who are saving more than a dime per gallon, including Ohio (-12 cents). Drivers in nearly every state across the country continue to experience month-over-month and year-over-year savings at the pump. The price has dropped in 47 states and Washington D.C. over the past 30 days, including Kentucky (-35 cents), and Ohio (-28 cents).
This week’s Western PA average price: $3.724
Average price during the week of July 22, 2014: $3.760
Average price during the week of July 30, 2013: $3.655
The following is a list of the average price of unleaded self-serve gasoline in various areas:
$3.623, Du Bois
$3.643, New Castle
$3.761, New Kensington