Gas Prices Fall 3.0 Cents in PA

(morgueFile Photo)

PENNSYLVANIA – Average retail gasoline prices in Pennsylvania have fallen 3.0 cents per gallon in the past week, averaging $3.06 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 2.6 cents per gallon in the last week to $2.94 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 24.1 cents per gallon lower than the same day one year ago and are 29.8 cents per gallon lower than a month ago.

The national average has decreased 30.6 cents per gallon during the last month and stands 26.9 cents per gallon lower than this day one year ago.

“Another week, another big decline in the national average,” said Patrick DeHaan, senior petroleum analyst with GasBuddy.  “But we’re nearing the point where the decreases are likely to slow unless oil prices continue to tumble from their current levels.

“The national average now stands at its lowest since Dec. 4, 2010, and likely won’t drop more than another dime unless oil prices move notable lower. Many areas across the country have now seen most of the expected gas price declines with the exception being areas of the Rockies, which may decline several more weeks at least.

“While the decreases are likely to wind down, motorists shouldn’t expect any big rebounds before the holidays. Nationally, prices are likely to remain under $3 per gallon for the holidays.”

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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