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Gas Prices Fall 2.5 Cents this past week in PA

by Gant Team
Monday, August 5, 2013
in Business News, Local News, National News
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PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have fallen 2.5 cents per gallon in the past week, averaging $3.63 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 cent per gallon in the last week to $3.63 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 5.2 cents per gallon higher than the same day one year ago and are 18.8 cents per gallon higher than a month ago. The national average has increased 14.4 cents per gallon during the last month and stands 3.3 cents per gallon higher than this day one year ago.

“Over the last week, the national average has continued to see an ever so slow downward trend,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. “But the downward trend got a shot in the arm last weekend, as we saw the biggest daily drop since April; from July 25 to July 26, the average dropped 1.5 cents. Back on April 13, the U.S. average dropped 1.7 cents from the previous day. Further illustrating the downward trend, 5 percent of the country was more than $4 per gallon Friday. Last week, 7 percent of the country was more than $4 per gallon,” 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.

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