PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have not moved in the past week, averaging $3.41 per gallon yesterday, according to GasBuddy’s daily survey of 5,269 gas outlets in Pennsylvania.
This compares with the national average that has increased 1.2 cents per gallon in the last week to $3.34 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 7.4 cents per gallon lower than the same day one year ago and are 2.0 cents per gallon lower than a month ago.
The national average has decreased 8.5 cents per gallon during the last month and stands 8.6 cents per gallon lower than this day one year ago.
“Hard to believe, but in a week that saw U.S. airstrikes on Iraq targeting ISIS (the Islamic State of Iraq & Syria) terrorism, the resulting ‘spike’ in crude oil prices was barely a ripple,” said GasBuddy.com Senior Petroleum Analyst Gregg Laskoski.
“The benchmark West Texas Intermediate (WTI) ended the week just 2 dollars per barrel higher than it started.”
“Undoubtedly, robust U.S. oil production this year has greatly reduced the potential volatility in global markets that such events would have otherwise induced,” he added.
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.