Analyst: National Gas Prices Perking Up Again

PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have risen 1.5 cents per gallon in the past week, averaging $3.45 per gallon yesterday, according to GasBuddy’s daily survey of 5,269 gas outlets in Pennsylvania. This compares with the national average that has increased 6.2 cents per gallon in the last week to $3.57 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 25.6 cents per gallon lower than the same day one year ago and are 9.6 cents per gallon lower than a month ago. The national average has increased 5.0 cents per gallon during the last month and stands 15.4 cents per gallon lower than this day one year ago.

“The national average has perked up again in the last seven days across the nation, said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

“Many motorists remain skeptical of the so called reasons that we blame higher prices on: refinery production and maintenance, tightening supply, and the now completed switch over to EPA-mandated cleaner summer gasoline. Tight gasoline supply exists especially along the West Coast, and other factors are coming into play in some of the bigger metro areas where more expensive reformulated gasoline has hit pumps.”

About GasBuddy

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.

 

 

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