Will historically high gas prices continue trending downward? It depends.

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Will historically high gas prices continue trending downward? It depends.
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The average gas price in the Harrisburg area fell 4 cents in a week, according to GasBuddy.com.

Will that trend continue?

“According to new data from the Energy Information Administration , total domestic gasoline stocks increased by 800,000 bbl to 238.8 million bbl last week. Gasoline demand decreased from 8.63 million b/d to 8.5 million b/d. AAA cautioned, “The global oil market remains highly volatile, so additional news that threatens supply could put upward pressure on oil prices.”

According to GasBuddy reports, the lowest price in Pennsylvania today is $3.35 a gallon at Smart Mart in Pottstown.

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