Western PA Gas Prices Accelerate; Crude Tops $80 per Barrel

The national average price for a gallon of gas increased eight cents on the week to reach $3.27. This is the highest price since October 2014.

According to new EIA data, total domestic gasoline stocks increased by 3.3 million barrels to 225.1 million barrels last week. Gasoline demand also increased slightly from 9.40 million barrels per day to 9.44 million barrels per day. This increase in gas demand aided in the national average’s rise.

Meanwhile, an Oct. 1 breach and spill in a key pipeline supplying fuel to parts of the southeastern U.S. led to tightened regional supplies. Kinder Morgan In...