Western Pennsylvania – Drivers throughout Western Pennsylvania are spending more at the pump than last week.
Gas prices in our area have jumped by about four cents this week, with an average of about $2.85 per gallon.
Gas prices have risen in all 50 states, but Pennsylvania is in the top 10 states with the highest prices.
This week’s average prices: Western Pennsylvania Average $2.854
Average price during the week of November 6, 2017 $2.819
Average price during the week of November 14, 2016 $2.422
The average price of unleaded self-serve gasoline in various areas:
$2.830 New Castle
$2.851 New Kensington
On the National Front
On the week, gas prices increased for the majority of states across the country, and at $2.56, the national gas price average has increased nine cents inside of 13 days. Strong fall consumer gasoline demand has continued into November and is chipping away at national gasoline inventory. The Energy Information Administration (EIA) reports total gasoline inventories dropped by 3.3 million bbl in their latest report.
International markets opened Monday morning posting crude oil losses amid reports of the U.S. adding oil rigs that indicate increased U.S. investment and oil production. Oil-services firm Baker Hughes reported that drillers added nine rigs last week – the biggest increase since June of this year – bringing the total crude oil rig count to 738. The increased U.S. production continues to dilute OPEC’s efforts to rebalance the global oil market.
At the closing of Friday’s formal trading session on the NYMEX, West Texas Intermediate was down 43 cents to settle at $56.74 per barrel.
Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad and Android. The app can also be used to map a route, find discounts, book a hotel and access AAA roadside assistance. Learn more at AAA.com/mobile.
AAA East Central is a not-for-profit association with 81 local offices in Kentucky, New York, Ohio, Pennsylvania and West Virginia serving 2.7 million members. News releases are available at news.eastcentral.aaa.com. Follow us on Twitter and Facebook.