Special to HuntingtonNews.Net
 AAA FUEL GAUGE: West Virginia gasoline prices drop 1.6 cents per gallon

Today, oil prices regained modest ground following overnight reports of a shutdown of the Trans-Alaska Pipeline.  The pipeline pumps 630,000 barrels of crude per day, about 15 percent of U.S. domestic production, and is a major source for West Coast refiners. 

A disruption in supply, such as this, would be expected to drive prices higher until production can get back online.  For this reason, the associated gains in crude prices are most likely temporary in nature, especially with afternoon news that the pipeline would likely be down for less than a week. 

The current national retail average price for a gallon of self-serve regular gasoline is $3.089, up 1.6 cents from a week ago, 11.5 cents from a month ago, and 34.2 cents from a year ago.  Thirty-three states and the District of Columbia are averaging above $3 per gallon for self-serve regular gasoline. 

This week’s average prices: West Virginia Average                       $3.151
Average price during the week of January 4, 2011                        $3.167
Average price during the week of January 12, 2010                      $2.857
The following is a list of the average price of unleaded self-serve gasoline in various areas:

















AAA East Central is a not-for-profit association with 80 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.5 million members.