Gasoline prices hold at $3.82 per gallon
Susquehanna Valley gas prices held at around $3.82 a gallon this week, according to AAA East Central.
On the national front
As the nation approaches the official start of the summer driving season, drivers continue to see prices moving a little bit lower at the pump.
Tuesday's national average price for regular unleaded gasoline is $3.64 per gallon, and has remained relatively unchanged over the past seven days. The average price at the pump is two cents less than one week ago, about three cents less than the same time last month and about a penny cheaper than the same date one year ago.
Political tensions between Russia and the Ukraine continue to keep global markets on edge and are being closely monitored by market watchers for any signs of escalation.
Last Friday, President Putin sent a letter to European Union governments indicating that a disruption in supply may be on the horizon.
Although analysts report the probability of a long-term disruption is relatively low, a cutoff of supply by Russia could have ripple effects that would be felt in Europe and the United States.
In formal trading on the NYMEX Tuesday morning, West Texas Intermediate (WTI) crude oil was at $102.57 per barrel.
(AAA East Central - a not-for-profit association with 82 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.7 million members - provides Fuel Gauge each week.)
This week's Susquehanna Valley average price - $3.816
Average price during the week of May 13, 2014 - $3.822
Average price during the week of May 14, 2013 - $3.412
The following is a list of the average price of unleaded self-serve gasoline in various areas:
Lewisburg - $3.757
Mifflinburg - $3.859
Milton - $3.765
Selinsgrove - $3.856
Shamokin - $3.797
Sunbury - $3.859