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AAA: Gas Prices Rise Slightly in West Virginia

   The average price of gasoline across Northern West Virginia is two cents higher this week at $2.135 per gallon, according to AAA East Central’s Gas Price Report.

  This week’s average prices: Northern WV Average                            $2.135

   Average price during the week of November 23, 2020                        $2.110

   Average price during the week of December 2, 2019                          $2.557

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

$2.238      Bridgeport

$2.110      Clarksburg

$2.104      Huntington

$2.352      Martinsburg

$2.127      Morgantown

$2.061      Parkersburg

$2.011      Weirton

$2.079      Wheeling

   Trend Analysis:

   Following the Thanksgiving holiday, the national gas price average is two cents more expensive this week at $2.12. Today’s average is two cents cheaper than last month, and 46 cents cheaper than last year.

   Across the country, motorists in nearly 30 states are paying more at the pump on the week with states along the I-95 corridor seeing the largest jump: Delaware (+15 cents), Maryland (+8 cents), Pennsylvania (+7 cents), New Jersey (+6 cents) and North Carolina (+6 cents).

   Despite the increase at the pump, U.S. gasoline stocks increased and demand decreased to a five-month low, according to the Energy Information Administration’s reports for the week ending November 20. Motorists will likely see prices decrease in the days and weeks ahead, especially as demand decreases.

At the close of Friday’s formal trading session, West Texas Intermediate decreased by 18 cents to settle at $45.53. While domestic crude 

prices decreased that day, due to increasing coronavirus infection rates, crude prices grew overall last week amid increased news of a potential vaccine. Prices were also bolstered by EIA’s weekly report revealing that total domestic crude inventories fell by 800,000 barrels to 488.7 million barrels last week.

   Motorists can find current gas prices nationwide, statewide, and countywide at GasPrices.AAA.com.