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June 23, 2024 8:17 pm

Local News

Gas Prices Remain Low in Philadelphia and Nationwide

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For the last ten weeks, drivers across the U.S. have enjoyed a steady decline in fuel costs. This trend is primarily due to low levels of demand, which have limited pump prices despite fluctuating crude oil prices and OPEC+ production cuts. As of December 1, the national average for gas stands at $3.25 per gallon, which is 21 cents cheaper than last month.

Here in Pennsylvania, the price of gas per gallon has descended to $3.57, marking a 12-cent drop from last month and a 36-cent reduction over the past year.

Pump prices in the Philadelphia area have fallen at a similar rate. At $3.55 per gallon, the average cost of gas is down 13 cents from last month and 32 cents from last year.

To find out more about gas prices nationally and locally, go here.