Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Gasoline Prices, Already Low, Could Head Even Lower

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Gasoline Prices, Already Low, Could Head Even Lower

Article excerpt

Average retail gasoline prices in Pittsburgh sit around $2.38 a gallon this morning, down 14 cents a gallon from last year at this time and analysts expect fuel prices to fall with colder weather.

Though gasoline prices around southwestern Pennsylvania have risen about 8 cents in the past month, this autumn will bring lower demand and a cheaper blend of gasoline that refineries produce for winter driving, according to GasBuddy's weekly roundup of fuel prices. The price-tracking website's daily survey of 731 gas outlets in Pittsburgh showed prices have edged down 1 cent a gallon in the past week.

U.S. prices, meanwhile, average $2.17 a gallon, about 18 cents lower compared with this time one year ago.

"With the kids back in school, we're now at that point when gasoline demand eases and refineries also return to the cheaper 'winter-blend' gasoline which should start reaching consumers later this week," wrote Gregg Laskoski, senior petroleum analyst for GasBuddy, in a press release. …

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