PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have fallen 2.7 cents per gallon in the past week, averaging $3.34 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 5.9 cents per gallon in the last week to $3.30 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 31.6 cents per gallon lower than the same day one year ago and are 10.9 cents per gallon lower than a month ago. The national average has decreased 13.3 cents per gallon during the last month and stands 26.4 cents per gallon lower than this day one year ago.
“Last week saw new downward momentum in crude prices- after staying above $100/bbl for 111 days since early July, crude prices fell below $100 and just days ago closed as low as $96/bbl,” said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan.
“In turn, the sudden drops in crude prices have pushed gasoline futures down as well, with motorists on the winning side of this all. The national average has picked up some steam on its downward trend and in some areas of the United States, the wholesale price of gasoline is nearing yearly lows, which is adding up to significant savings for motorists. Americans are spending more than $100 million per day less on gasoline than they did a year ago, and I’m willing to bet if every motorist used the GasBuddy app, the savings would be twice as significant,” 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.