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Gas Prices Continue to Drop

Mountain Media, LLC by Mountain Media, LLC
December 4, 2023
in Featured, Headlines, Local Stories, Top Stories
0

The average price for gasoline across Northern West Virginia is five cents lower this week at $3.058 per gallon, according to AAA East Central’s Gas Price Report. 

This week’s average prices: Northern WV Average                                    $3.058
Average price during the week of November 20, 2023                                $3.100
Average price during the week of November 28, 2022                                $3.499

The following is a list of the average prices in several West Virginia locations: 

$3.136      Bridgeport
$3.136      Clarksburg
$3.111      Huntington
$3.051      Martinsburg
$3.074      Morgantown
$2.939      Parkersburg
$3.022      Weirton
$2.994      Wheeling

Trend Analysis:
Immediately following the Thanksgiving holiday, the national average for a gallon of gas continues to fall. Since last week, pump prices have decreased five cents to $3.25.  Over the last two months, the national average has either fallen or remained flat with eleven states now having averages below $3 per gallon. Today’s national average is 26 cents less than a month ago and 30 cents less than a year ago.

At the close of Wednesday’s formal trading session, West Texas Intermediate decreased by $1.56 to settle at $75.54. Oil prices fell due to the perceived easing of geopolitical tensions in the Middle East after the release of some hostages in Gaza. This comes ahead of Thursday’s OPEC+ meeting to decide on production cuts for 2024.

Motorists can find current gas prices nationwide, statewide, and countywide at gasprices.aaa.com.

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