Business & Tech

Crude Oil Prices Increase

In Pennsylvania, today's average price of self-serve gasoline is $3.932 up 15.5 cents from a month ago and 29.2 cents higher than a year ago.

From the East Penn Region, of AAA East Central, an affiliate of AAA and the Pennsylvania AAA Federation:

According to AAA’s Fuel Gauge Report, West Texas Intermediate crude oil prices increased $2.21 per barrel to settle at $105.23 yesterday. The increase was attributed to investment dollars entering the market on the first day of formal trading to begin the second quarter. 

Gasoline prices across the U.S. continue to rise as tight supplies and refinery concerns keep upward pressure on prices. 

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The current national average retail price for a gallon of self-serve regular gasoline is $3.923 up 15.9 cents from last month. In Pennsylvania, today’s average price of self-serve gasoline is $3.932 up 15.5 cents from a month ago and 29.2 cents higher than a year ago. In the Lehigh Valley, the average price for self- serve regular unleaded gasoline is $3.897 per gallon which is 14.4 cents higher than a month ago and 29.7 cents higher than a year ago. In the Philadelphia market, the average price for self- serve regular unleaded gasoline is $3.908 per gallon which is 13.7 cents higher than a month ago and 28.2 cents higher than a year ago. 

 

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4/3/2012

WEEK AGO

YEAR AGO

NATIONAL

3.923

3.898

3.662

PENNSYLVANIA

3.932

3.890

3.640

ALLENTOWN/BETHLEHEM/EASTON

3.897

3.838

3.600

PHILADELPHIA 

3.908

3.857

3.626

As North America’s largest motoring and leisure travel organization, AAA provides more than 53 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. 

The East Penn Region, of AAA East Central, an affiliate of AAA and the Pennsylvania AAA Federation, has more than 280,000 members throughout its service area which takes in all of Lehigh County, and part of Bucks, Carbon, Chester, Montgomery and Northampton Counties.


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