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

 

The Week

Most Maryland drivers saw prices at the pump stabilize and drop slightly in the last week thanks to a small increase in East Coast gasoline supplies and crude prices that have remained within $1 of last Friday’s settlement price.

 

Prices in Maryland are down by a nickel in the last week, up eight cents in the last month and are 14 cents lower than on this date last year. 

 

Today’s national gas price average is $2.74, down four cents in the last week, up six cents in the last month and down 11 cents from this time last year.


CURRENT AND PAST GAS PRICE AVERAGES 

Regular Unleaded Gasoline

Today

Week Ago

Month Ago

Year Ago

National

$2.74

$2.78

$2.68

$2.85

Maryland

$2.66

$2.71

$2.58

$2.80

Annapolis

$2.60

$2.67

$2.51

$2.76

Baltimore

$2.61

$2.68

$2.53

$2.77

Cumberland

$2.85

$2.87

$2.73

$2.92

Frederick

$2.64

$2.72

$2.57

$2.79

Hagerstown

$2.65

$2.66

$2.59

$2.81

Salisbury

$2.50

$2.59

$2.48

$2.69

Washington Suburbs

(MD only)

$2.78

$2.83

$2.72

$2.90

Crude Oil

$56.20

per barrel

(7/26/19)

$55.63

per barrel

(7/19/19)

$58.47

per barrel

(6/28/19)

$68.69

per barrel

(7/27/18)

 

At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $56.20 per barrel, 57 cents higher than last Friday’s close. Oil prices remained between $55 and $57 this week.  Although tensions in the Middle East and a huge fall in crude supplies could have forced prices higher, further increases were halted by data showing a slow in economic growth amid the U.S. – China trade war.

 

Gasoline stocks remain robust amid a recent dip in demand, which could be one reason we are seeing pump prices starting to roll back,” says Ragina C. Ali, Manager of Public and Government Affairs for AAA Mid-Atlantic. “It is too soon to know if this is a long-term trend, but it is certainly a welcome relief for motorists as the summer road trip season rolls on.”

 

The Week Ahead
Across Maryland, gas prices have yet to return to levels seen prior to the Philadelphia Energy Solutions refinery explosion and fire on June 21. The statewide gas average is nine cents higher of where it was June 21. However, since Memorial Day, Maryland gas prices have dropped 11 cents and are at least 14 cents less than one year ago.

 

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

                   

AAA is the most comprehensive resource for gas prices. 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, August 2, 2019

 

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

This event had:

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  • 368 people in attendance at the live event
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