Average Gas Prices Fall 2.8 Cents in PA

PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have fallen 2.8 cents per gallon in the past week, averaging $2.20 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 0.5 cents per gallon in the last week to $2.12 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 46.9 cents per gallon lower than the same day one year ago and are 18.9 cents per gallon lower than a month ago.

The national average has decreased 12.1 cents per gallon during the last month and stands 47.8 cents per gallon lower than this day one year ago.

According to GasBuddy historical data, gasoline prices on Aug. 8 in Pennsylvania have ranged widely over the last five years: $2.67 per gallon in 2015, $3.57 per gallon in 2014, $3.61 per gallon in 2013, $3.63 per gallon in 2012 and $3.69 per gallon in 2011.

Areas nearby Pennsylvania and their current gas price climate:

  • Harrisburg – $2.11 per gallon, down 2.9 cents per gallon from last week’s $2.14 per gallon.
  • Hagerstown – $2.14 per gallon, down 1.9 cents per gallon from last week’s $2.16 per gallon.
  • York – $2.13 per gallon, down 0.8 cents per gallon from last week’s $2.13 per gallon.

“Government EIA data last week showed a sizable draw on gasoline inventory followed by a strong jobs report, with new jobs for July reaching 255,000.  And consequently, WTI crude oil ended the week nearly $3 higher than where it began,” said Gregg Laskoski, senior petroleum analyst for GasBuddy.

“While that may create a brief pause early this week in the decline of retail gasoline, we expect that the prevailing price trend (incremental decline) will resume shortly, barring any additional refinery problems in the midwest, or, potential Atlantic hurricane activity.”

For LIVE fuel price averages, visit http://media.gasbuddy.com.

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