Once again, the national average cost of gas is going down while the statewide average is going up.
Triple A reports that the National Average cost of a gallon of gas this morning is now $3.87 a gallon, down nearly two cents from yesterday and five cents from last week, but it is up 20 cents from last month at this time. The reason why the national average is going down is because of a dip in the price of crude of $7 and the demand for gasoline decreasing due to fears of a global economic recession. Gas demand went from 9.47 million barrels a day to 8.28 million barrels a day. Meanwhile total domestic gas stocks went up by two million barrels to 209.5 million barrels.
But as the national average drops, the statewide average is increasing, albeit slightly. Currently, Pennsylvania’s average gas price is $3.95, which went up less than a penny over the last 24 hours. The price went up four cents over the last week and nine cents over the last month.
Indiana’s gas price average this morning is $3.97. Jefferson County has the lowest average in the region with $3.88 a gallon this morning. After Indiana, Clearfield and Cambria Counties tied at $3.98 a gallon, while Westmoreland and Armstrong Counties have an average of $3.99 a gallon.
Gas prices in Indiana, Homer City, Blairsville and Clymer are holding steady at $3.99 a gallon this morning, according to Gasbuddy.com
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