Despite Sandy, Gas Prices Trending Lower Nationally

Average retail gasoline prices in Pennsylvania have fallen 1.6 cents per gallon in the past week, averaging $3.64 per gallon yesterday. This compares with the national average that has fallen 5.6 cents per gallon in the last week to $3.51 per gallon, according to gasoline price Web site PennsylvaniaGasPrices.com.

Including the change in gas prices in Pennsylvania during the past week, prices yesterday were 19.3 cents per gallon higher than the same day one year ago and are 25.8 cents per gallon lower than a month ago. The national average has decreased 28.4 cents per gallon during the last month and stands 7.0 cents per gallon higher than this day one year ago.

“Even with Hurricane Sandy causing havoc on refineries and infrastructure in the Northeast, gasoline prices nationally have continued to trend lower,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.

“It goes to show how much more significant the Gulf Coast is to this nation’s energy backbone when such a massive storm causes no major rise in the national average. The good news is that average prices will likely continue to decline, perhaps to $3.35 per gallon nationally by Thanksgiving.

“For those in Sandy’s wake, fuel availability remains difficult, and is the reason GasBuddy has implemented an emergency fuel availability service,” DeHaan said. The Hurricane Sandy fuel availability site can be found by navigating to http://www.gasbuddy.com/sandy/.

About PennsylvaniaGasPrices.com

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 20 million times to help motorists find gasoline prices in their area. In Pennsylvania, GasBuddy tracks price changes at 5,269 retail outlets.

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