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Cumberland Gas Prices Decline

July 24th, 2021 by WCBC Radio

The statewide Maryland gas average, as well as the gas averages in Baltimore, Hagerstown and Salisbury, are unchanged from last week. Meanwhile, prices in Annapolis, Cumberland, and the Washington suburbs have seen minor decreases of a penny. Prices in Frederick are down four cents from last week.

 

In its latest weekly report, the Energy Information Administration (EIA) reported that gas demand grew slightly last week. Additionally, total domestic gas stocks saw a slight decline. These trends have helped to stabilize price increases; however, crude oil prices have fluctuated in the past week and if they stay less expensive, it could mean cheaper prices ahead. Although, AAA expects the national average to remain above $3 per gallon throughout the summer.

 

Maryland’s average is $3.03, unchanged from last week, up respectively seven cents from a month ago and 76 cents more than last year.

 

Today’s national gas price average is $3.15, down a penny from one week ago, up respectively eight cents from one month ago and 97 cents from one year ago. 

 

CURRENT AND PAST GAS PRICE AVERAGES 

Regular Unleaded Gasoline

 

Today

Week Ago

Month Ago

Year Ago

National

$3.15

$3.16

$3.07

$2.18

Maryland

$3.03

$3.03

$2.96

$2.27

Annapolis

$3.00

$3.01

$2.93

$2.28

Baltimore

$3.00

$3.00

$2.92

$2.28

Cumberland

$2.98

$2.99

$2.97

$2.18

Frederick

$2.95

$2.99

$2.95

$2.24

Hagerstown

$2.97

$2.97

$2.95

$2.18

Salisbury

$2.99

$2.99

$2.91

$2.28

Washington Suburbs

(MD only)

$3.10

$3.11

$3.09

$2.28