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With holidays approaching, gas prices dropping

December 16th, 2017 by WCBC Radio

As temperatures continue to drop so have prices at the pump.  Like the national gas price average, Maryland’s average cost at the pump has dropped, by 10 cents, compared to this time last month. Many areas across the state are following suit, ranging from three to 13 cents per gallon drop with the exception of Hagerstown, which experienced a four cents monthly increase. Most drivers can expect pump prices to continue to decline heading into the holiday season, as supply strengthens and gasoline demand weakens.

In Maryland, the average price for gas is two cents lower than the national average at $2.43 per gallon, which is two cents less than last week, 10 cents less than last month, and only 15 cents higher than last year on this date.  The year-over-year price gap has been narrowing since mid-November when Maryland’s average was as high as 31 cents per gallon versus last year’s prices.

CURRENT AND PAST GAS PRICE AVERAGES 

Regular Unleaded Gasoline

 

12/15/17

Week Ago

Month Ago

Year Ago

National

$2.45

$2.47

$2.56

$2.23

Maryland

$2.43

$2.45

$2.53

$2.28

Baltimore

$2.39

$2.41

$2.51

$2.27

Cumberland

$2.56

$2.58

$2.59

$2.33

Elkton

$2.34

$2.35

$2.46

$2.20

Hagerstown

$2.62

$2.62

$2.58

$2.30

Salisbury

$2.32

$2.33

$2.46

$2.22

Washington Suburbs

(MD only)

$2.51

$2.53

$2.58

$2.33

 

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