CLARKSBURG, W.Va. (WBOY) — According to AAA East Central’s Gas Price Report, the price of gas in Northern West Virginia is 14 cents lower this week. Prices now average at $4.364 compared to last week’s average of $4.508. The current average is 63 cents less than a month ago, but still $1.20 more than a year ago. AAA says the reason for the price decline is mostly a lower demand than usual.

4 years national average comparison

The U.S. Energy Information Administration reported that although demand is rising, it’s not meeting the typical highs the market sees during the summertime. In fact, demand could be compared to demand during July 2020, when COVID-19 restrictions lead to fewer people on the road. The lack of demand is allowing gasoline inventories to re-stock with an increase of 3.5 million barrels last week.

“Consumers appear to be taking the pressure off their wallets by fueling up less,” said AAA Spokesperson Andrew Gross. “And there’s reason to be cautiously optimistic that pump prices will continue to fall, particularly if the global price for oil does not spike.”

So will gas continue to get lower? The motorist membership club warns the market is still volatile. But, if gas demand remains low as stocks increase, alongside a continuing reduction in crude prices, drivers will likely continue to see pump prices decline.

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

  • $4.613      Bridgeport
  • $4.552      Clarksburg
  • $4.485      Huntington
  • $4.185      Martinsburg
  • $4.498      Morgantown
  • $4.635      Parkersburg
  • $3.929      Weirton
  • $4.013      Wheeling