logo
Weather page
GET THE APP
ePaper
google_play
app_store
  • Login
  • E-Edition
    • Marketplace
  • News
  • Sports
  • Obituaries
  • Opinion
  • Classifieds
    • Place an Ad
    • All Listings
    • Jobs
  • Special Sections
  • Photo Gallery
  • Contests
  • Lifestyle/Entertainment
  • Games
    • News
      • Local News
      • PA State News
      • Nation/World
    • Sports
      • Local
      • College Sports
      • State
      • National
    • Obituaries
    • Opinion
      • News
        • Local News
        • PA State News
        • Nation/World
      • Sports
        • Local
        • College Sports
        • State
        • National
      • Obituaries
      • Opinion
    logo
    • Classifieds
      • Place an Ad
      • All Listings
      • Jobs
    • E-Edition
      • Marketplace
    • Subscribe
    • Login
      • Classifieds
        • Place an Ad
        • All Listings
        • Jobs
      • E-Edition
        • Marketplace
      • Subscribe
      • Login
    Home News Crude supply outweighing demand
    Crude supply outweighing demand
    Local News
    June 11, 2025

    Crude supply outweighing demand

    By Sara Furlong

    s.furlong@bradfordera.com

    Gas prices decreased everywhere this week, if only barely in Bradford and Warren.

    The biggest drop was seen regionally, as average prices shed 5.3 cents to stand at $3.339 per gallon Monday, according to AAA East Central.

    Bradford’s average decreased six-tenths of 1 cent to $3.598, while Warren managed one-tenth of 1 cent and rested at $3.696 this week.

    Brookville, meantime, decreased 2.7 cents to $3.201, DuBois shed eight-tenths of 1 cent to register at $3.227 and Erie was down 11.6 cents to 3.109. Since May 5, Erie’s average price per gallon of gas has dropped 32.5 cents, Brookville’s 29.9 cents and DuBois 24.2 cents. Bradford’s average is the same as May 5 and Warren’s increased one half of one cent.

    Across the commonwealth, gasoline prices fell 3.4 during the last week to $3.20 on Monday — 8 cents less than last month and 46.3 cents less than last year. Pennsylvania’s least expensive station was priced at $2.69 Monday — 12 cents lower than last week’s cheapest — and the highest was $1.70 per gallon more, still at $4.39.

    Nationally, motorists could expect to pay 1.8 cents less per gallon this week at $3.07 — the lowest June gasoline prices since 2021. This week’s average is also 5.2 cents less than last month and 32.8 cents less than last year.

    For diesel, drivers were paying $3.448 per gallon Monday, a decrease of 1.7 cents from last week.

    AAA representatives said in a press release, “The summer driving season is underway, and while gas prices normally peak this time of year, drivers are getting a reprieve … due to this year’s consistently low crude oil prices.” They said current oil supply in the market is outweighing demand.

    “Average gas prices declined in nearly all states over the last week as refineries ramped up output and gasoline supplies surged,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While a few states experienced price cycling — a pattern where prices drop sharply and then spike every couple of weeks — the overall gentle downward trend is typical as summer progresses. If oil prices continue to rise gradually, it could eventually impact gas prices, but for now, we likely won’t see any major shifts at the pump in most areas this week.”

    According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9.45 million barrels per day last week to 8.26. Total domestic gasoline supply increased from 223.1 million barrels to 228.3. Gasoline production decreased last week, averaging 9 million barrels per day.

    At the close of Wednesday’s formal trading session, West Texas Intermediate fell 56 cents to settle at $62.85 a barrel. The EIA reports that crude oil inventories decreased by 4.3 million barrels from the previous week. At 436.1 million barrels, U.S. crude oil inventories are about 7% below the five-year average for this time of year.

    Motorists can find current gas prices nationwide, statewide and countywide at gasprices.aaa.com.

    The Bradford Era

    Local & Social

    ePaper
    google_play
    app_store
    Latest news for you
    Slice into science
    Local News
    Slice into science
    July 30, 2025
    Barbara Moscato Brown Memorial Library will bring back its popular Dissection Mini-Camp with Pitt-Bradford Professor Orin James from 1 to 2:30 p.m. Au...
    Read More...
    {"to-print":"To print", "bradfordera-website":"Website"}
    Causer reminds area seniors of expo Friday
    Local News
    Causer reminds area seniors of expo Friday
    July 30, 2025
    Rep. Martin Causer, R-Turtlepoint, reminds area senior citizens of the annual Senior Citizens Expo coming up from 9 a.m. to 1 p.m. Friday at the Unive...
    Read More...
    Act would expand career counseling for adult learners
    Business, Nation & World, PA State News
    Act would expand career counseling for adult learners
    July 30, 2025
    WASHINGTON, D.C. – U.S. Reps. Glenn “GT” Thompson, R-Pa., and Suzanne Bonamici D-Ore., co-chairs of the bipartisan House Career and Technical Educatio...
    Read More...
    2nd Amendment protects ammo, too
    Comment & Opinion, Opinion
    2nd Amendment protects ammo, too
    July 30, 2025
    On a July 14 podcast with former U.S. Navy SEAL and CIA contractor Shawn Ryan, California Gov. Gavin Newsom — widely considered a top Democratic candi...
    Read More...
    Lavern Holden
    Obituaries
    Lavern Holden
    July 30, 2025
    BONITA SPRINGS, Fla. — Lavern Collins Holden, 88, passed away peacefully June 13, 2025, in Bonita Springs, under the loving care of hospice. Born Sept...
    Read More...
    August programs at Sinnemahoning State Park
    Local News
    August programs at Sinnemahoning State Park
    July 30, 2025
    AUSTIN — Educational programs have been scheduled to take place in August at Sinnemahoning State Park. From 1 to 2:30 p.m. Aug. 9 will be an Ode to Od...
    Read More...
    This Week's Ads
    Current e-Edition
    ePaper
    google_play
    app_store
    Already a subscriber? Click the image to view the latest e-edition.
    Don't have a subscription? Click here to see our subscription options.
    Mobile App

    Download Now

    The Bradford Era mobile app brings you the latest local breaking news, updates, and more. Read the Bradford Era on your mobile device just as it appears in print.

    ePaper
    google_play
    app_store

    Help Our Community

    Please help local businesses by taking an online survey to help us navigate through these unprecedented times. None of the responses will be shared or used for any other purpose except to better serve our community. The survey is at: www.pulsepoll.com $1,000 is being awarded. Everyone completing the survey will be able to enter a contest to Win as our way of saying, "Thank You" for your time. Thank You!

    Get in touch with The Bradford Era
    Submit Content
    • Submit News
    • Letter to the Editor
    • Place Wedding Announcement
      • Submit News
      • Letter to the Editor
      • Place Wedding Announcement
    Advertise
    • Place Birth Announcement
    • Place Anniversary Announcement
    • Place Obituary Call (814) 368-3173
      • Place Birth Announcement
      • Place Anniversary Announcement
      • Place Obituary Call (814) 368-3173
    Subscribe
    • Start a Subscription
    • e-Edition
    • Contact Us
      • Start a Subscription
      • e-Edition
      • Contact Us
    CMG | Community Media Group
    Illinois
    • Hancock Journal-Pilot
    • Iroquois Times-Republic
    • Journal-Republican
    • The News-Gazette
      • Hancock Journal-Pilot
      • Iroquois Times-Republic
      • Journal-Republican
      • The News-Gazette
    Indiana
    • Fountain Co. Neighbor
    • Herald Journal
    • KV Post News
    • Newton Co. Enterprise
    • Rensselaer Republican
    • Review-Republican
      • Fountain Co. Neighbor
      • Herald Journal
      • KV Post News
      • Newton Co. Enterprise
      • Rensselaer Republican
      • Review-Republican
    Iowa
    • Atlantic News Telegraph
    • Audubon Advocate-Journal
    • Barr’s Post Card News
    • Burlington Hawk Eye
    • Collector’s Journal
    • Fayette County Union
    • Ft. Madison Daily Democrat
    • Independence Bulletin-Journal
    • Keokuk Daily Gate City
    • Oelwein Daily Register
    • Vinton Newspapers
    • Waverly Newspapers
      • Atlantic News Telegraph
      • Audubon Advocate-Journal
      • Barr’s Post Card News
      • Burlington Hawk Eye
      • Collector’s Journal
      • Fayette County Union
      • Ft. Madison Daily Democrat
      • Independence Bulletin-Journal
      • Keokuk Daily Gate City
      • Oelwein Daily Register
      • Vinton Newspapers
      • Waverly Newspapers
    Michigan
    • Iosco County News-Herald
    • Ludington Daily News
    • Oceana’s Herald-Journal
    • Oscoda Press
    • White Lake Beacon
      • Iosco County News-Herald
      • Ludington Daily News
      • Oceana’s Herald-Journal
      • Oscoda Press
      • White Lake Beacon
    New York
    • Finger Lakes Times
    • Olean Times Herald
    • Salamanca Press
      • Finger Lakes Times
      • Olean Times Herald
      • Salamanca Press
    Pennsylvania
    • Bradford Era
    • Clearfield Progress
    • Courier Express
    • Free Press Courier
    • Jeffersonian Democrat
    • Leader Vindicator
    • Potter Leader-Enterprise
    • The Wellsboro Gazette
      • Bradford Era
      • Clearfield Progress
      • Courier Express
      • Free Press Courier
      • Jeffersonian Democrat
      • Leader Vindicator
      • Potter Leader-Enterprise
      • The Wellsboro Gazette
    © Copyright The Bradford Era 43 Main St, Bradford, PA  | Terms of Use  | Privacy Policy
    Powered by TECNAVIA