Navigating Gas Prices in Greater Philadelphia: Insights from the Last Week

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PHILADELPHIA, PA — Gas prices can fluctuate like any other commodity, but when prices start trending upwards, it’s important to know how the price spikes might affect your life. In the Greater Philadelphia area, gas prices have been on the rise, and it can be challenging to stay on top of the current prices. Fortunately, Stacker compiled statistics on gas prices in the area using data from AAA. In this article, we’ll break down those numbers and give you insights on what you can expect in the coming weeks and months.

As of August 21st, the current gas price in the Greater Philadelphia area is $3.94. This number is slightly higher than the Pennsylvania average of $3.90. Although the price of gas has only risen by $0.01 (0.3%) over the past week, it’s still important to keep an eye on the trend. One year ago, the gas price was $0.30 more expensive than it is currently, representing a 7.2% decrease in the cost of living. These figures indicate that gas prices will likely continue to rise in the greater Philly area.

In a statement, AAA spokesperson Andrew Gross stated, “Gas prices may keep waffling until mid-September or longer,” he also mentioned that hurricane season could further impact prices. With this information in mind, it’s tough to predict how gas prices will continue to change in the coming months. Nevertheless, staying informed on gas prices throughout the year will help you plan your budget accordingly and help avoid the resulting inconveniences of unforeseen price increases.

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Diesel prices are slightly higher, and the current price is $4.60. The one-year change in the diesel price has been a decrease of $0.72 (-13.5%), and the current price has increased somewhat over the past week by $0.12 (2.7%). While diesel prices aren’t generally on the minds of most drivers in the Greater Philadelphia area, it’s something to consider if it’s your preferred fuel.

According to data collected by Stacker, some of the most expensive gas can be found in San Luis Obispo-Atascadero-Paso Robles, California, where gas prices stand at an incredible $5.53! The other two most expensive metros include Ventura, CA and Los Angeles-Long Beach, CA, with $5.37 and $5.35, respectively. On the other hand, if you’re looking for the least expensive gas prices, you can head to Monroe, LA, Biloxi-Gulfport-Pascagoula, MS, and McAllen-Edinburg-Mission, TX, where gas prices currently average at around $3.25 to $3.30.

While the cost of living in The Greater Philadelphia Area may trend towards increasing, keeping an eye on the price of gas and adopting the necessary measures could make a substantial difference in the average household budget. Whether you drive a car or truck or rely on public transportation, monitoring the price of gas can make it easier to budget for the day-to-day costs of living. By using the provded data, you can make informed decisions regarding your transportation and spending habits while staying one step ahead of the game.

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