Local prices insulated from increase
Impervious to the ups and downs of gas prices posted seemingly everywhere else, Bradford’s average price per gallon barely budged despite the dime-sized increase seen regionally.
According to AAA East Central, gasoline prices in Western Pennsylvania are up 10.4 cents this week, to $3.469 Monday.
Local prices shed half a cent this week, clocking in at $3.576 in Bradford. Erie’s average leaped 16.6 cents to $3.521, meanwhile. Brookville, home to some of the area’s least expensive stations, saw the second biggest jump, at 9.7 cents, but still stands at just $3.119 — nearly 46 cents less per gallon than Bradford’s average. Prices dipped 5.5 cents in DuBois to rest at $3.275 Monday.
Warren’s average ticked up three-tenths of a cent to $3.596, according to AAA’s regional price reports.
GasBuddy reports the nationwide averages for gasoline and diesel are $3.12 and $3.651, up 3 cents and down 2 cents, respectively. Public EV charging costs, AAA reported, remained the same at 36 cents per kilowatt hour.
Statewide, motorists could expect to pay $3.28 per gallon — an increase of 7 cents from one week ago.
The nationwide average is still 2.1 cents shy of last month’s average and 18.3 cents below last year. Prices in Pennsylvania are 9.9 cents per gallon higher than a month ago and 22.9 cents per gallon lower than a year ago.
AAA representatives said that crude prices are still comparatively low, stalling any major increases at the pump.
“The national average saw a modest increase over the last week after storms temporarily knocked the Midwest’s largest refinery offline in Indiana, triggering sharp jumps in gas prices across Ohio, Wisconsin, and Michigan,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “All of this is playing out while oil prices remain relatively stable in the low $60s. With no major hurricanes threatening the U.S. at the moment, the biggest wildcard remains any shifts in Russia’s war on Ukraine. For now, expect only moderate gas price fluctuations, with the potential for lower prices arriving later this fall.”
According to new data from the Energy Information Administration (EIA), gasoline demand decreased from 9 million barrels per day last week to 8.84 million. Total domestic gasoline supply decreased from 226.3 million barrels to 223.6. Gasoline production decreased last week, averaging 9.6 million barrels per day.
At the close of Wednesday’s formal trading session, West Texas Intermediate rose 86 cents to settle at $63.21 a barrel. The EIA reports crude oil inventories decreased by 6 million barrels from the previous week. At 420.7 million barrels, U.S. crude oil inventories are about 6% below the five-year average for this time of year.
Motorists can find current gas prices nationwide, statewide and countywide at gasprices.aaa.com. Ahead of Labor Day, the nonprofit travel federation reports that flights, hotels and car rentals are cheaper this year than last year, for that final trip before summer ends. Specifically, AAA reports, domestic roundtrip flights are 6% cheaper compared to last year, averaging $720 per ticket, while hotel rates are 11% lower and car rental costs are 3% cheaper.
While destinations like Seattle, Orlando and New York are popular domestically and Vancouver, Rome and Dublin top the list of points farther afield, many will also choose to stay closer to home, visiting nearby beaches or state and national parks.
If you plan to travel, AAA officials say the best times to drive are before 1 p.m. Thursday, before noon Friday, between 6 and 10 a.m. Saturday, before 11 a.m. Sunday and before noon Monday.
The worst times to be on the road this Labor Day weekend, they say, will be between 1 and 8 p.m. Thursday, noon to 8 Friday, 10 a.m. to 6 p.m. Saturday, noon to 5 p.m. Sunday and 1 to 4 Monday.