Ragina C. Ali
Public Relations Manager, MD
O: (410) 616-1900 (ext. 4361152)
C: (443) 465-5020
RAli@aaamidatlantic.com

The Week

Higher crude oil prices and steadily decreasing gasoline stocks have cost local drivers more money at the pump this week. The gas average in Maryland has increased 28 cents in the last month and drivers should expect more increases in the coming weeks. 

 

Maryland’s average price today is $2.65 per gallon. The statewide average is one cent higher than last week, 28 cents more than last month, and two cents lower than last year on this date.

 

Today’s national gas price average is $2.72, which is up three cents in the last week, up 29 cents in the last month, and is six cents more than last year’s price.

 

CURRENT AND PAST GAS PRICE AVERAGES 

Regular Unleaded Gasoline

 

Today

Week Ago

Month Ago

Year Ago

National

$2.72

$2.69

$2.43

$2.66

Maryland

$2.65

$2.64

$2.37

$2.67

Annapolis

$2.63

$2.62

$2.34

$2.64

Baltimore

$2.64

$2.63

$2.35

$2.66

Cumberland

$2.67

$2.62

$2.42

$2.68

Frederick

$2.64

$2.62

$2.34

$2.68

Hagerstown

$2.66

$2.64

$2.38

$2.67

Salisbury

$2.52

$2.52

$2.28

$2.61

Washington Suburbs

(MD only)

$2.73

$2.71

$2.44

$2.72

Crude Oil

$63.08

per barrel

(Fri. 4/5/19 close)

$60.14

per barrel (3/29/19)

$56.94

per barrel (3/5/19)

$58.29

per barrel

(4/6/18)

 

 

At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $63.08 per barrel, $2.94 higher than one week ago and the highest price so far for 2019. Prices are being supported by tightening global supplies and U.S. pressure on Iran. Demand for crude is also being watched closely as trade talks between the U.S. and China continue. Increased demand could send prices higher. Political factors in Libya may also come into play in the next few days because its oil production has been turbulent in the last few years and its southern oil fields have frequently gone offline amid fighting among its patchwork of militias and tribal and ethnic groups.

 

The Weekend

“Hopes for a spring ‘break’ at the pump are coming up empty for local motorists,” says Ragina Cooper Averella, Manager of Public and Government Affairs for AAA Mid-Atlantic.Gasoline stocks have been steadily decreasing since early February and oil prices have been increasing, causing spikes at the pump that are likely to continue for the coming weeks.”

The Week Ahead

AAA anticipates gas price averages will continue to increase well into spring, just ahead of the summer driving season. While most states will not top their 2018 high price, many have already surpassed last year’s high prices. With more expensive gas prices on the horizon, travelers should plan now for the additional costs.

AAA has a variety of resources to help motorists save on fuel:

  • Shell Fuel Rewards Program for AAA Members (AAA.com/Shell) gives AAA members nationwide a discount on gasoline at Shell stations when they join the Fuel Rewards® program.
  • Fuel Price Finder(AAA.com/fuelfinder) locates the lowest fuel price in your area.
  • Fuel Cost Calculator(FuelCostCalculator.AAA.com) helps budget travel expenses.
  • TripTik Mobile(AAA.com/mobile) plots fuel prices along your travel route.
  • AAA's Member Rewards Visa® Credit Card(AAA.com/financial/AAAvisa.htm) accumulates double points on fuel purchases.

 

Next Weekend Gas Watch: Friday, April 12, 2019

 

 

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Mailing Address:
8600 LaSalle Road, Ste 639
Towson, MD 21286

AAA provides automotive, travel and insurance services to over 59 million members nationwide and more than 982,000 members in Maryland.  AAA advocates for the safety and mobility of its members and has been committed to outstanding road service for more than 100 years.  The not-for-profit, fully tax-paying member organization works on behalf of motorists, who can now map a route, find local gas prices, discover discounts, book a hotel and track their roadside assistance service with the AAA Mobile app for iPhone, iPad and Android.  For more information, visit AAA.com.

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Who's in the Driver's Seat? The Transformation of Transportation

On Tuesday, October 17, 2017, AAA and TEDx Wilmington held the first TEDx Salon dedicated to ideas worth spreading in transportation.

This event had:

  • 12 live talks given by 13 speakers
  • 368 people in attendance at the live event
  • More than 7,500 viewed the event online through Livestream, viewing events, and on the AAA Associate network
  • Online viewers came from all 50 states and approximately 30 countries around the world

View a slideshow from the event

This TEDx WilmingtonSalon was organized in partnership with AAA

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