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

The Week

Drivers across Maryland are benefitting from a mid-winter slump at the pump. Gasoline and crude oil inventories have increased while the demand for gasoline has decreased, leading to another week of lower prices. Crude oil prices have dropped $9.62 per barrel (16%) since the beginning of the year ($61.18) and are on track to continue that trend on the heels of fears over the coronavirus.


The gas price average in Maryland today is $2.38, which is down respectively six cents in the last week and 14 cents in the last month, yet is within 15 cents from this date last year.


Today’s national gas price average is $2.48, down respectively five cents in the last week and a dime in the last month, yet up 23 cents from this time last year.


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Crude Oil



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At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $51.56 per barrel, $2.63 less than last Friday’s close. Crude oil prices have become another target of the coronavirus outbreak in China. As more airlines cancel flights to China’s major cities and the World Health Organization declares a global health emergency, worries rise over the potential economic impact from the continued spread of the virus, further pushing the price of crude lower.


The Weekend

“Local drivers continue to benefit from another week of lower prices at the pump, a result of lower crude prices, lower demand and increases in gas and oil stocks,” says Ragina C. Ali, Manager of Public and Government Affairs for AAA Mid-Atlantic. “The slump at the pump should continue through the middle of February, especially if crude oil prices continue to slide.”


The Week Ahead
In the January 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.

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, January 31, 2020

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AAA provides automotive, travel and insurance services to over 60 million members nationwide and nearly 988,000 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

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