On the National Front
Today’s national average price at the pump is $3.56 per gallon. This is three cents more expensive than one week ago and 10 cents more than one month ago, but it is still eight cents per gallon less than the same date last year.
The national average continues to creep higher into the range that AAA expects prices to peak: between $3.55 and $3.75 per gallon.
Prices may increase in the coming weeks; however the end is likely in sight for many drivers across the country.
The exception to this trend could be motorists in regions where unexpected refinery or distribution issues cause prices to temporarily spike.
Every spring refiners are required to switch to producing summer-blend gasoline by May 1.
Weak global economic data and the growing consensus that geopolitical tensions with Russia are unlikely to disrupt crude oil distribution have kept a cap on crude oil prices.
However the price of West Texas Intermediate (WTI) has remained near or above $100 per barrel, which is $5-10 higher than the price last year.
This trend continued Monday as the price of WTI settled at $101.58 per barrel, down nine cents on the day.
This week’s Western PA average price:
Average price during the week of March 25, 2014:
Average price during the week of April 2, 2013:
The following is a list of the average price of unleaded self-serve gasoline in various areas:
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