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    Home News Area gas prices take small dip
    Area gas prices take small dip
    Business
    March 7, 2017

    Area gas prices take small dip

    Bradford motorists are paying an average of $2.509 a gallon for unleaded, self-serve gasoline this week, according to the American Automobile Association Fuel Gauge Report.

    Elsewhere across the region, the average price for gas stands at $2.525 a gallon, a drop of a penny from last week. AAA officials said the nationwide average price for gas is $2.31 a gallon, which is two cents more than one week ago, four cents more compared to one month ago and 50 cents more per gallon year-over-year.

    AAA officials said retail prices continue to fluctuate but have remained between $2.28-2.32 for more than a month as reports of increased U.S. production continues to counter OPEC rebalancing efforts. The Northeast and Mid-Atlantic are some of the only regions to see moderate declines on the week. Both Pennsylvania and New York state saw pump prices move down by a penny or less. AAA officials said gasoline inventories remain high in the regions. OPIS reports the healthy supply should keep prices relatively stable as the market prepares for the transition to summer-blend gasoline. Despite minor declines on the week, Pennsylvania ($2.50), and New York ($2.45) remain some of the most expensive markets in the country, according to AAA officials.

    The following is a list of the average price of unleaded self-serve gasoline in various areas: $2.597, Altoona; $2.551, Brookville; $2.494, Clarion; $2.467, DuBois; $2.504, Erie; $2.589,      Indiana; $2.497, Kittanning; $2.487, Meadville; $2.536, Pittsburgh; and $2.497, Warren.

    Tags:

    aaa chemistry commerce economics gallon gas motor vehicle new york official pennsylvania price

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