PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have fallen 1.3 cents per gallon in the past week, averaging $3.44 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 $3.49 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 7.7 cents per gallon higher than the same day one year ago and are 2.9 cents per gallon lower than a month ago. The national average has decreased 14.4 cents per gallon during the last month and stands 7.8 cents per gallon higher than this day one year ago.
“After blaming higher gasoline prices on refineries for much of the early spring and summer, it now seems that higher oil prices may be to blame for an expected uptick in the national average,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
“Oil prices have silently been tracking higher after tension in Egypt started to impact the market, driving oil prices higher. In turn, gasoline prices have begun to stage a rally as well. Oil closed last week at its highest level in over a year, and it may lead to a gentler rally in retail gas price than what we saw earlier this year, but a rally none the less,” DeHaan said.
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.