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

The Week

Gas prices across Maryland increased slightly this week as gasoline supplies, crude oil and demand for gasoline all dipped. The drop in gas and oil supplies could send prices higher while the drop in demand could keep that increase from being as high as it could be.

 

The gas price average in Maryland today is $2.25, which is up respectively three cents in the last week and 14 cents in the last month, but down 48 cents from this date last year.

 

Today’s national gas price average is $2.20, respectively up a penny in the last week and 10 cents in the last month, but down 59 cents from this time last year.


CURRENT AND PAST GAS PRICE AVERAGES

Regular Unleaded Gasoline

 

Today

 

Week Ago

 

Month Ago

 

Year Ago

 

National

 

$2.20

 

$2.19

 

$2.10

 

$2.79

 

Maryland

 

$2.25

 

$2.22

 

$2.11

 

$2.73

 

Annapolis

 

$2.24

 

$2.20

 

$2.10

 

$2.68

 

Baltimore

 

$2.25

 

$2.22

 

$2.10

 

$2.70

 

Cumberland

 

$2.19

 

$2.23

 

$2.06

 

$2.87

 

Frederick

 

$2.23

 

$2.21

 

$2.09

 

$2.72

 

Hagerstown

 

$2.20

 

$2.21

 

$2.05

 

$2.66

 

Salisbury

 

$2.25

 

$2.23

 

$2.09

 

$2.61

 

Washington Suburbs

(MD only)

 

$2.27

 

$2.24

 

$2.16

 

$2.84

 

Crude Oil

 

$40.59

per barrel

(7/17/20)

 

$40.55

per barrel

(7/10/20)

 

$39.75

per barrel

(6/19/20)

 

$55.63

per barrel

(7/19/19)

 

 

At the close of NYMEX trading Friday, West Texas Intermediate (WTI) crude oil settled at $40.59 per barrel, four cents higher than last Friday’s close. Prices hovered between $40 and $42 this week, ending at a more than four-month high Wednesday ($41.20). Domestic crude prices fell after the Energy Information Administration’s (EIA) weekly report revealed that total domestic crude inventories decreased. Decreasing crude stocks could mean that crude production is beginning to meet demand and could reduce price volatility, as coronavirus outbreaks continue to grow worldwide.

 

The Weekend

Data shows gasoline demand and supply continue on a roller coaster ride,” says Ragina C. Ali, Manager of Public and Government Affairs for AAA Mid-Atlantic. “As motorists react to unfolding COVID-19 information, we are seeing driving behaviors related to filling-up ebb and flow.

 

The Week Ahead

According to new data from the Energy Information Administration (EIA), total domestic gasoline supplies decreased last week.  As supplies tighten, prices could continue to rise, depending on demand. Last week, demand for gasoline fell slightly, following the Fourth of July holiday weekend.

 

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

 

Next Weekend Gas Watch: Friday, July 24, 2020

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 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 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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