June 18, 2018

Gas prices down in Pittsburgh, but a surge is expected

14 March 2018, 02:04 | Winifred Adams

Gas prices down in Pittsburgh, but a surge is expected

Gas prices down in Pittsburgh, but a surge is expected

Prices in Meadville and across the state fell nearly 3 cents per gallon in the past week, averaging $2.77 per gallon Monday, according, according to GasBuddy's daily survey of 5,269 gas outlets in Pennsylvania.

Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the prior price drop was halted by a rise in crude oil costs.

The stations on Perry Highway near I-90 are still the cheapest, those stations have gas for $2.65 per gallon. Areas in California and their current gas price climate: Stockton- $3.21/g, up 3.1 cents per gallon from last week's $3.18/g.

Chattanooga gas prices have dropped by 12.2 cents per gallon in he past month and remain 30 cents a gallon below the US average of $2.51 per gallon.

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Falling crude oil inventories and steady prices for crude remained the rule for the week ended March 9. Including the change in gas prices in Sacramento during the past week, prices yesterday were 33.6 cents per gallon higher than the same day one year ago and are 3.7 cents per gallon higher than a month ago. The state average of $2.40 was 6 cents less than a month ago, but 21 cents more than this time past year.

US crude production continues to boom and be a closely watched figure, hitting another record at 10.37 million barrels per day last week, AAA said.

Huntsville- $2.26, down 1.8 cents per gallon from last week's $2.28. But prices by Monday had fallen and over the noon hour the price of the best grade of US oil was down more than $1 to $60.93 cents. "Gasoline prices remain in somewhat of a limbo as a result, with a mixed bag at pumps across the United States", said Patrick DeHaan, head of petroleum analysis for GasBuddy.

Gasoline has averaged the highest price for the month of March in four years, AAA said.

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