Bradford’s average price for a gallon of gas finally followed regional, state and national trends and dropped a few cents last week.
The local average is down 3.9 cents, to be exact, from $3.801 to $3.762 Monday. That price puts Bradford stations among the most expensive in the state, the priciest of which was selling gas for $3.99 Monday. The cheapest — by $1.20 — offered fuel for $2.79 a gallon.
Regionally, prices are 5 cents lower at $3.521 this week, according to AAA East Central reports.
Brookville saw average prices jump 23 cents to $3.610, while it was $3.351 in DuBois, $3.475 in Erie and $3.760 in Warren.
Statewide averages fell 7.2 cents per gallon during the last week, standing at $3.33 on Monday, according to GasBuddy’s survey of 5,269 stations in Pennsylvania. Prices in Pennsylvania are 22.6 cents per gallon lower than a month ago and 55.9 cents per gallon lower than a year ago.
Across the country, motorists were paying an average of $3.15 per gallon Monday, a decrease of 6.9 cents from last week, 26.2 cents from last month and 70.5 cents from last year. That’s according to GasBuddy’s data compiled from more than 11 million weekly price reports covering more than 150,000 gas stations.
The national average price of diesel declined 3.4 cents in the last week and stands at $3.57 per gallon — the lowest level since January 2022.
“Gasoline prices continue to crumble across nearly the entire nation, with average prices below $3 per gallon in 18 states, with some 65,000 stations selling below that psychological mark. Diesel prices are also falling and are at their lowest level in nearly 1,000 days,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “With the change to winter gasoline happening today at most stations across the country, the outlook is bright for the national average to continue to make a run at falling to $2.99 per gallon for the first time since 2021. Nearly all states are seeing prices drop.”
According to new data from the Energy Information Administration (EIA), gas demand fell last week from 8.93 million barrels per day to 8.47 million. Meanwhile, total domestic gasoline stocks rose to 221.6 million barrels. At the close of last Wednesday’s formal trading session, West Texas Intermediate rose by $1.56 to settle at $67.31 per barrel. Today’s average is hovering around $70. Local crude buyers Ergon and American Refining Group, as of Friday, were offering $64.65 for a barrel of oil.
Motorists can find current gas prices nationwide, statewide and countywide at gasprices.aaa.com.
