Gas Prices ...

Gas prices are up two cents this week in western Pennsylvania, according to AAA East Central’s Gas Price Report.

The average jumped to $3.31 a gallon. In New Castle, the average price is up two cents to $3.25.

The national average is up another three cents to $3.17. Since Memorial Day, the national average is up 13 cents. The average is up 98 cents from a year ago, but 41 cents cheaper than this time in July 2014 when it was last more than $3 a gallon.

One of the primary reasons for more expensive gas prices this summer is high crude oil prices. However, last week crude prices fluctuated from a high of $75 per barrel down to $71 per barrel. News from the Organization of the Petroleum Exporting Countries (OPEC) over the weekend, that they have reached a deal to increase production in August, could give crude oil prices the potential to drop under $70 per barrel.

Regardless, AAA expects higher pump prices to be the norm throughout the summer.

However, the more expensive prices aren’t stopping motorists from filling-up based on strong gasoline demand numbers.

During the last seven days, 25 state averages increased by at least two cents, with 11 of those seeing jumps of a nickel or more. 

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