You are not imagining that prices at the pump are going higher.
Gas prices in the greater Harrisburg area have increased 8 cents a gallon in a week but don’t expect those higher prices to last.
“Gas prices have reached their highest post-coronavirus level as Hurricane Laura caused Gulf Coast refineries to shut, limiting production as gasoline demand edged higher,” said Patrick De Haan, head of petroleum analysis for GasBuddy.
“The rebound in demand comes with just a week left in the summer driving season and isn’t expected to continue once the driving season wraps up, but while some may see prices tick higher over the next few days, more decreases are coming to gas prices once Labor Day is over as demand will likely move lower. In addition, the switch back to cheaper winter gasoline will happen in a few weeks, giving more potential downward momentum for prices.”
According to GasBuddy, the average price in the Harrisburg area today is $2.51 a gallon. That price is 11.6 cents higher than a month ago but still 13 cents lower than a year ago.
The cheapest price in central Pa. today is $2.24 a gallon at Sam’s Club in Silver Spring Twp., Royal Mart and Smitty’s in Highspire and Exxon in Middletown.
The national average, according to GasBuddy, stands at $2.22 a gallon, an increase of 3.5 cents in a week.
According to GasBuddy price reports, the cheapest station in Harrisburg is priced at $2.24/g today while the most expensive is $2.65/g, a difference of 41.0 cents per gallon. The lowest price in the state today is $1.99/g while the highest is $2.99/g, a difference of 100.0 cents per gallon.
The national average price of gasoline has risen 3.5 cents per gallon in the last week, averaging $2.22/g today. The national average is up 4.0 cents per gallon from a month ago and stands 34.4 cents per gallon lower than a year ago.
According to AAA, the national average price today is $2.23 a gallon, a increase of 5 cents.
While GasBuddy and AAA disagree on the national average and how much it has increased, they both agree that prices will come down.
AAA said, “The national gas price average spiked by a nickel on the week to $2.23, but is expected to push cheaper in the week ahead. Pump prices jumped as a result of Hurricane Laura and an increase in demand to one of the highest measurements of the year.
“It’s typical to see increased demand and more expensive gas prices ahead of a storm, especially one that threatens rigs and refineries in the Gulf of Mexico region,” said Jeanette Casselano of AAA. “The latest industry reports indicate that facilities in Texas have already begun the restarting process, which means there is no major threat to gasoline stocks and gas prices should push cheaper.”
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