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

The Week

Some ‘bunny’ may be getting a break at the pump but it’s not anyone locally. Maryland's statewide gas price average increased by four cents since last week, 16 cents in the last month and is four cents higher than on this date last year. Supplies of crude oil and gasoline decreased this week, lending to the continued increase at the pump.

 

Today’s national gas price average is $2.83, which is up two cents in the last week, up 28 cents in the last month, and is nine cents more than last year’s price.

 

CURRENT AND PAST GAS PRICE AVERAGES

Regular Unleaded Gasoline

 

Today

Week Ago

Month Ago

Year Ago

National

$2.83

$2.81

$2.55

$2.74

Maryland

$2.75

$2.71

$2.59

$2.71

Annapolis

$2.71

$2.68

$2.57

$2.68

Baltimore

$2.73

$2.69

$2.58

$2.69

Cumberland

$2.77

$2.72

$2.60

$2.85

Frederick

$2.74

$2.69

$2.58

$2.71

Hagerstown

$2.76

$2.73

$2.59

$2.75

Salisbury

$2.64

$2.59

$2.46

$2.65

Washington Suburbs

(MD only)

$2.83

2.79

$2.64

$2.77

Crude Oil

$64.00

per barrel

(4/18/19)

$63.89

per barrel

(4/5/19)

$59.04

per barrel (3/22/19)

$62.45

per barrel

(4/20/18)

 

At the close of NYMEX trading Thursday, West Texas Intermediate (WTI) crude oil settled at $64.00 per barrel, 11 cents higher than one week ago. Oil prices remained above the $63 mark all week, supported by declining U.S. reserves. Declining production by major producers, current U.S. sanctions against Venezuela and Iran, and escalating military conflicts in Libya are also factors in oil's sustained prices. U.S. crude oil stockpiles fell as imports dropped, revealing the first draw on crude inventories in four weeks, while gasoline inventories also decreased, according to the latest report from the Energy Information Administration (EIA). Saudi Arabia, the most influential member of the OPEC cartel, has made it clear that it is determined to keep crude oil supplies low.

 

The Weekend

“Demand for gasoline and the decrease in crude oil and gasoline supplies nationwide continues to push prices higher at the pump, just in time for the holiday weekend,” says Ragina Cooper Averella, Manager of Public and Government Affairs for AAA Mid-Atlantic. “Although Maryland drivers are seeing an increase, prices are still within four cents of this same time last year.”

 

The Week Ahead

The EIA April 2019 update reveals that the agency expects the retail price of U.S. regular-grade gasoline to average $2.76 per gallon during the summer from April through September 2019. This expected average is down 3 percent from last year’s average of $2.85 a gallon, mainly because EIA expects crude oil prices will be lower than last summer.

 

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.

NextWeekend Gas Watch: Friday, April 26, 2019

 

 

Follow us on Twitter: @AAAMDNews

Like us on Facebook: AAA Mid-Atlantic News

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.

Related Articles

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

public affairs

Keeping Member's interests at the forefront

Contacts by region

fuel price finder

Find the lowest gas price in your area

Find prices

gas information

Tools, tips and other resources

learn more

Videos

Local news stories & information

Watch now