The average price of gasoline across Northern West Virginia held steady this week at $2.144 per gallon, according to AAA East Central’s Gas Price Report.
This week’s average prices: Northern WV Average $2.144
Average price during the week of October 26, 2020 $2.148
Average price during the week of November 4, 2019 $2.538
The following is a list of the average prices in several West Virginia locations:
$2.172 Bridgeport
$2.143 Clarksburg
$2.046 Huntington
$2.351 Martinsburg
$2.140 Morgantown
$2.067 Parkersburg
$2.114 Weirton
$2.119 Wheeling
Trend Analysis:
Crude oil prices decreased last week to the lowest closing price – $35/barrel – since June. By comparison, last year at this time, crude was pricing at about $20/barrel more expensive. Domestic crude prices decreased following market concern about increasing coronavirus infections worldwide, which could lower crude demand.
As crude prices decreased, the national average price for gasoline pushed four cents cheaper to $2.12, and every state except South Dakota (+1 cent) saw gas prices hold steady or decrease. The average at the start of November hasn’t been this cheap since 2004, and if crude oil continues to push cheaper, the national average could drop below $2/gallon before the end of the year.
Across the country, state gas price averages are cheaper on the month and the week. Today, motorists can find gas for $2/gallon or less at 52% of gas stations.
Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.