PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have risen 3.7 cents per gallon in the past week, averaging $3.80 per gallon yesterday, according to GasBuddy’s daily survey of 5,269 gas outlets in Pennsylvania.
This compares with the national average that has fallen 1.4 cents per gallon in the last week to $3.64 per gallon, according to gasoline price Web site GasBuddy.com.
Including the change in gas prices in Pennsylvania during the past week, prices yesterday were 37.0 cents per gallon higher than the same day one year ago. They are 18.3 cents per gallon higher than a month ago.
The national average has increased 9.2 cents per gallon during the last month. It stands 13.4 cents per gallon higher than this day one year ago.
“Finally, the news motorists have been waiting for- it appears that at least for now, the national average has peaked,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
“Since Feb. 7, gasoline prices have been on an upward trajectory in a majority of the U.S., and at least for now, prices have broken that upward trend and have stabilized.
“This is great news, as it likely means in the next couple weeks that gasoline prices will begin seeing more downward momentum. By Memorial Day, if there aren’t major refinery kinks that develop, we could see the national average dropping into the $3.50s, or perhaps even lower,” DeHaan said.
GasBuddy operates PennsylvaniaGasPrices.com and more than 250 similar
Web sites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app, which has been downloaded more than 25 million times to help motorists find the lowest gasoline prices in their area.