Gas Prices in Central Pennsylvania Dip Slightly, Remain Higher than Last Year

Gas prices in Central Pennsylvania, including Harrisburg, Lancaster, and York, have decreased slightly over the last week, but remain 17.3 cents higher than a year ago. The average price of gasoline in Harrisburg is $3.76 a gallon, down 3.6 cents in the last week.

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Aqsa Younas Rana
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Gas Prices in Central Pennsylvania Dip Slightly, Remain Higher than Last Year

Gas Prices in Central Pennsylvania Dip Slightly, Remain Higher than Last Year

Gas prices in Central Pennsylvania, including Harrisburg, Lancaster, and York, have decreased slightly over the last week, but remain 17.3 cents higher than a year ago. According to data from Gas Buddy, the average price of gasoline in Harrisburg is $3.76 a gallon, down 3.6 cents in the last week. However, prices are still up 5.2 cents per gallon over the last month.

Why this matters: The fluctuation in gas prices has a significant impact on the economy and household budgets, affecting the cost of living and consumer spending habits. As gas prices remain higher than last year, it may influence inflation rates and overall economic growth.

Current gas prices in the region range from $3.45 to $3.95 per gallon. In Lancaster, the average price is $3.72 a gallon, down 8.3 cents from last week. York has seen relatively flat prices, with an average of $3.88 per gallon.

The average fuel price in the Central Atlantic region, which includes Pennsylvania, has risen about 20 cents since last month. In the last year, gas prices in the region have fluctuated, reaching a low of $3.18 per gallon on January 15, 2024, and a high of $3.85 per gallon on August 7, 2023. The national average currently stands at $3.58 a gallon, down 3.7 cents from a month ago, making prices in the Central Atlantic region about 1.2% higher than the nation's average.

Patrick De Haan, head of petroleum analysis at GasBuddy, offered an optimistic outlook, stating, "While pump prices haven't exactly plummeted, we've seen the average price of gasoline drop in a majority of states over the last week as refineries finish maintenance and ramp up output of products like gasoline. With gas prices now nearing a 10-cent drop to the high we saw a few weeks ago, the future looks good as we get closer to Memorial Day; price drops could potentially accelerate after last week's jobs data shows the economy continues to cool off."

De Haan expects most Americans will see prices fall before the holiday weekend and potentially extend into June and beyond. He expressed excitement, saying, "I'm excited to say it does appear that for now, the worst is behind us." Despite the recent decrease, gas prices in Central Pennsylvania remain higher than the same time last year, but experts are hopeful that the downward trend will continue, providing some relief for drivers in the coming weeks.

Key Takeaways

  • Gas prices in Central PA decreased slightly, but remain 17.3 cents higher than last year.
  • Average gas price in Harrisburg is $3.76/gallon, down 3.6 cents from last week.
  • Prices in Central Atlantic region are 1.2% higher than the national average of $3.58/gallon.
  • Experts expect gas prices to continue dropping before Memorial Day and into June.
  • Current prices range from $3.45 to $3.95/gallon in the region.