The Herald, Sharon, Pa.

Local News

July 3, 2013

Gas prices down for holiday, but still well above last year

MERCER COUNTY — There’s a little joy — a tiny little joy — for western Pennsylvania motorists this Fourth of July holiday as gas prices in the region fell two cents this week according to the latest AAA survey.

The average price for a gallon of self-serve, unleaded gas in the region was $3.513, AAA said, which is above the national average of $3.478 a gallon.

Gas prices nationally are 8 cents less expensive than one week ago and 14 cents less than one month ago, but remains 15 cents higher than last year. The national average has now declined for 19 straight days and 34 of the last 40.

Regional supply disruptions in May and early June propelled gas prices sharply higher in some parts of the country – first the Northwest and then the Midwest – even as retail prices in the rest of the country drifted lower. As these production and distribution issues were resolved, prices for states in the impacted regions have plummeted back to earth.

Gas prices across the country are finally moving lower leading up to the Fourth of July, which is welcome news for the 34.4 million travelers that AAA expects to travel by automobile this holiday period. Prices in all states have dropped over the last week, led by large declines in a number of Midwestern states.

The national average may continue to drift lower in the coming days, AAA said. However, crude oil prices remain substantially higher than last year and are likely to limit the amount that the national price will fall.

If history is any indicator, barring a decline in crude oil prices, gas prices may turn higher in July as the summer driving season ramps up, demand for gasoline increases and the hurricane season continues. The national average rose 17 cents a gallon in July 2011 and 16 cents in July 2012.

The price of West Texas Intermediate, known as WTI, has inched back from the multi-month high of $98.44 per barrel on June 18.

However it remains more than $10 above the price a year ago.

WTI settled at $83.75 a barrel to begin July last year. WTI closed Tuesday at $98.06, up 7 cents.

The following is a list of the average price of unleaded, self-serve gasoline according to AAA in various western Pennsylvania areas:           

ä Mercer, $3.568

ä Sharon, $3.557    

ä Meadville, $3.550

ä New Castle, $3.449

Text Only
Local News
  • Police: Kids in car were OK

    The mother of two young children was drunk and passed out when police found them all in a car parked along a city street, Sharon police said.

    July 29, 2014

  • To talk – or not – about police

    The mysterious agenda item, “No. 10,” at Farrell’s council meeting Monday became the center of a heated workshop and business session.

    July 29, 2014

  • Community thanks its first-responders

    Sharpsville honored its emergency responders Sunday at an event that included Mertz Towers residents as special guests.

    July 28, 2014

  • Drilling boom challenges state inspectors

    The state’s 83 well inspectors face a daunting enough challenge keeping tabs on 120,000 active oil and gas wells that have been drilled over the last century.

    July 28, 2014

  • Kidds Mill Covered Bridge A span of time

    Four generations of the Cadman family have enjoyed the Kidds Mill Covered Bridge, which is in Pymatuning Township near where the family’s ancestral farm is located.

    July 28, 2014 3 Photos

  • Intruder hurts woman, takes $5

    A home invasion in Hermitage Friday night sent an elderly woman to the hospital and netted the robber $5.

    July 27, 2014

  • national night out March against crime set for Aug. 5

    At the last Southwest Mercer County Regional Police Commission meeting, Chief Riley Smoot Jr. presented the number of incidents for each of the four communities in May.

    Farrell topped out at 819.

    July 27, 2014 1 Photo

  • high street trail Peaceful pathways

    History buffs and picnickers in the Shenango Valley won’t have to drive to Sharpsville to hang out at the old Erie Canal extension lock. They’ll soon have the option to walk or roll in on bicycles and even powered chairs to visit Canal Park near the outflow of Shenango Dam.

    July 27, 2014 1 Photo

  • balloonquest1 Balloon Quest celebrates 25 years

    Today is the final day of the 25th annual Western Pennsylvania Balloon Quest at Scotland Meadows Park.

    July 27, 2014 1 Photo

  • News briefs from July 26, 2014

    Man faces bomb threat charges

    June building tops $4 million in Hermitage

    July 26, 2014

  • Elderly man survives plane crash

    An elderly man survived wrecking his plane into a bank, then landing into a wetland, about 200 feet south of Runway 28 at Grove City Regional Airport in Springfield Township on Friday.

    July 26, 2014

  • Dontae Rashad Pinkins Man arrested for April gunfight

    Federal marshals and local police arrested Dontae Rashad Pinkins Thursday on a warrant accusing him of involvement in an April gunfight with another man in a Sharon alley.

    July 26, 2014 1 Photo

  • Hearing changed in starving case

    The time and place for the preliminary hearing of a Greenville mom accused of starving and beating her 7-year-old young son has been changed.

    July 26, 2014

  • Schell working on mural Drawn to Mexico

    Jason Schell probably is not exaggerating when he says that millions of people have seen his art.

    July 26, 2014 4 Photos

  • Farrell man, 24, arrested on warrant in connection with April shooting

    Federal marshals and local police arrested Dontae Rashad Pinkins Thursday on a warrant accusing him of involvement in an April shootout in Sharon.

    Pinkins, 24, of Farrell, is in Mercer County Jail after failing to post bond on gun charges.

    Additional details to follow.

    July 25, 2014