John Townsend
Public Relations Manager, DC
O: (202) 481-6820 (ext. 4462108)
C: (202) 253-2171
jtownsend@aaamidatlantic.com

The Week

AAA anticipates record-breaking travel volume for the Christmas and New Year’s holidays. As many people in the Washington metro area get ready to hit the roads, they will find some niceties and necessities in their Christmas stockings. They will discover gas prices haven’t changed much in the past week in Washington, D.C. proper and across the Washington Metro Area. Area drivers are seeing prices within a penny of just one month ago. Drivers in the District of Columbia are also seeing prices within two cents of one year ago while in the metro area prices are within nine cents of one year ago.

 

AAA forecasts that motorists can expect gas prices to edge cheaper in the coming weeks as regional refinery rates and gasoline stocks increase throughout the Mid-Atlantic and Northeast region.

  

Today’s national gas price average is $2.55, down a penny in the last week, down four cents in the last month and up 19 cents from this time last year.

 

CURRENT AND PAST GAS PRICE AVERAGES

Regular Unleaded Gasoline (*indicates record high)

 

Today

 

Week Ago

 

Year Ago

 

National

 

$2.55

 

$2.56

 

$2.36

 

Washington, D.C.

 

$2.67

 

$2.68

 

$2.65

 

D.C. Metro

 

$2.47

 

$2.46

 

$2.38

 

Crude Oil

 

$60.44

per barrel

(12/20/19)

 

$60.07

per barrel

(12/13/19)

 

$45.59

per barrel

(12/21/18)

 

 

At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $60.44 per barrel, 37 cents higher than last Friday’s close. Prices have remained over the $60 mark since last Friday. Crude hovered near its highest price in three months Thursday, supported by news that U.S. crude inventories had declined and that U.S. and China trade tensions continued to ease. Oil has also gained momentum from announcements about deeper output production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers, beginning January 1.

 

The Weekend

As millions of Americans plan to travel for the year-end holiday season, local gas prices remain relatively stable,” says John B. Townsend II, manager of Public and Government Affairs for AAA Mid-Atlantic. “Regional gasoline stocks are at healthy levels thanks to imports, which are assisting in keeping the year-over-year gas price difference under nine cents in the metro area and within two cents in the District of Columbia.”

 

The Week Ahead

The reduction in global crude supply is expected to help drain the market, which will likely be oversupplied during the first half of next year. This could potentially mean more expensive crude oil and gas prices in January as compared to the start of recent years, assuming crude demand remains robust.

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

                  

AAA is the most comprehensive resource for gas prices.  Unlike the Lundberg Survey of 7,000 gas stations, AAA reports reflect actual prices from credit card transactions at more than 100,000 gas stations in the U.S.

 

Next Weekend Gas Watch: Friday, January 3, 2020

 

 

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Washington, D.C. Mailing Address:
1405 G Street NW
Washington, DC 20005

AAA provides automotive, travel and insurance services to 60 million members nationwide and nearly 82,000 members in the District of Columbia.  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  http://aaa.com

TEDx Wilmington Salon

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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