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Gasoline prices rise again, but may be leveling off

2 min read
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Gasoline prices in Western Pennsylvania went up again this week.

They rose 5.3 cents to an average of $3.152 for a gallon of unleaded self-serve, according to a report from AAA East Central. That figure is 51.6 cents higher than it was a year ago, at $2.636.

Pennsylvania’s prices also jumped about four cents to $3.12 per gallon. Seventeen states now have an average of $3.00 or more, and four others are within pennies of that mark.

Washington’s average rose again, but less than half as much as the rest of Western Pennsylvania. The city’s average this week was $3.183, a 2.7-cent increase from $3.156. That latest figure ranks 17th among 22 Western Pennsylvania cities and towns listed by AAA. Altoona ($3.030) had the lowest average, Jeannette ($3.217) the highest.

The U.S. average is $2.97, and the good news is that price has held steady for five days, which might indicate that prices are stabilizing heading into June, the early stages of the summer vacation travel season.

More good news: Inventories increased significantly in the Mid-Atlantic and Northeast, by two million barrels, the largest bump in any region, according to the Energy Information Administration. The total of 65.2 million barrels, however, is about five billion below the level of May 2017.

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