Pennsylvania, New Jersey, and Delaware all saw a decrease in prices at the pump this week as demand for gas decreased. As demand remains low, American drivers should expect pump prices to continue to decline this fall.
Delaware gas prices remained nine cents above South Jersey, despite the Garden State’s sharply higher gas taxes.
The lowest prices in Delaware came in northern New Castle County, with warehouse clubs BJ’s and Costco offering $2 a gallon gas. Prices rose in Dover, which had seen the state’s lowest gas prices in recent weeks.
Monday gas prices
- Pennsylvania gas average at $2.46 today, down a penny overnight and down 2 cents in the last week.
- New Jersey gas average at $2.22 today, down a penny overnight and down 2 cents in the last week.
- Delaware gas average at $2.27 today, down a penny overnight and down 3 cents in the last week.
- Maryland gas average at $2.28 today, unchanged overnight and down 2 cents in the last week.
- Philadelphia (5-county) area gas average at $244. today, unchanged overnight and down a penny in the last week.
- S. Jersey gas average at $2.18 today, own a penny overnight and down 3 cents in the last week.
- National gas average at $2.16 today, unchanged overnight and unchanged in the last week.
At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $39.85 per barrel, $1.03 lower than last Friday’s close.
“Delaware Valley gas prices are following the national average lead this week,” says Jana L. Tidwell, manager of Public and Government Affairs for AAA Mid-Atlantic. “Decreases in U.S. gasoline demand, supply and imports are pushing prices lower.”
As temperatures begin to cool across most of the country, hurricane season is still in effect, not ending until November 30. This year’s hurricane season has been exceptionally active but in terms of gas prices, low U.S. gasoline demand may have helped contain gas price impact when typically, hurricane season would have caused gas prices to spike.
To check out prices in your neighborhood log on to AAA’s Fuel Price Finder (http://www.AAA.com/fuelfinder).
