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A survey of all 18 service stations in Wyoming County this past weekend revealed that gasoline prices have dropped pennies by the gallon across July.

The 87 octane, declined 7.2 cents to $2.846 from $2.918 a gallon consumers paid in the county five weeks ago, a survey of Wyoming County’s service stations on Aug. 3 and 4, revealed.

This past weekend’s county average was 13.6 cents more than the national average price for 87-octane on Saturday of $2.710 and 1.9 cents below the Pennsylvania average of $2877.

The average price for 89-octane declined 5.9 cents to $3.079 from the $3.138 a gallon average of five weeks ago.

The average price of 93-octane locally on the weekend was $3.382. That is down 15 cents a gallon from the $3.532 average of five weeks ago.

According to statistics compiled by the American Automobile Association, a year ago 87-octane sold at a national average price of $2.865 a gallon. One month ago, it was $2.759.

Conventional wisdom says that the costs tend to reflect the volatility of the crude oil market where a barrel of crude traded for $55.66 a barrel Friday. That was actually just under $3 a barrel from one month earlier.

Regardless, the price of a barrel of crude is still around 45 percent of the peak price in the summer of 2008 of $147 a barrel.

A national record high for 87-octane of $4.114 was established on July 17, 2008. A state record high of $4.074 was established on July 16, 2008.

Gas prices hovered above the $3 mark until October of that year as instability and fear of a deepening recession rocked the global markets.

In January 2009, the average price of a gallon of 87-octane in Wyoming County was $1.701. That was the lowest price level since the Wyoming County Press Examiner began monitoring it in January 2005.

 

Wyoming County gas prices Aug. 3-4, 2019

87 89 93

Octane Octane Octane

Black Walnut

Gulf 2.85 3.15 3.45

Evans Falls

L-Sunoco 2.79 -- --

B-Sunoco 2.82 -- --

Factoryville

Exxon 2.83 3.13 3.33

Falls

Citgo 2.91 3.21 3.51

Laceyville

Citgo 2.79 3.04 3.29

Lake Winola

Citgo 2.83 2.95 3.29

Mehoopany

Dandy 2.83 3.13 3.43

Meshoppen

Best 2.87 3.00 --

Dandy 2.83 3.13 3.43

Nicholson

Pump’n 2.93 3.05 3.40

Tunkhannock

FoodExp 2.81 3.11 3.31

CitgoTown 2.83 3.24 3.55

Sunoco 2.83 3.03 3.23

ValEaton 2.83 2.95 3.29

CitgoMH 2.83 2.95 3.29

Washington Twp.

Citgo 2.83 2.96 3.48

FoodExp 2.83 3.10 3.40