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Gas Prices Continue To Plunge

September 12th, 2015 by WCBC Radio

The 2015 summer driving season ended with the national average at its lowest point for the Labor Day holiday in more than a decade. In Cumberland, the price is down to to $2.41…down two cents from a week ago.  Gas prices continue to trend downward heading into the second week of September.  Many areas in the Mid-Atlantic region, such as Virginia and New Jersey, are already enjoying gas prices under $2.00 per gallon. Today’s nationwide average is four cents lower than Labor Day’s price at $2.36 per gallon. The national price at the pump reflects a savings of $1.06 per gallon in comparison to the same date last year. Drivers are saving six cents per gallon versus one week ago and 22 cents versus one month ago. Maryland’s average price is three cents lower than the national average at $2.33. The state average is five cents lower than last week, 24 cents less than a month ago, and a $1.05 per gallon lower compared to last year on this date.

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December 20th, 2014 by WCBC Radio

The national average price for regular unleaded gasoline dropped below $2.50 per gallon average a week prior to Christmas and as of Friday is $2.45 per gallon, a more than five-year low.  The average price at the pump is 15 cents less than one week ago and 41 cents less than a month ago. The national average is down 76 cents from the same date last year and has now dropped on 85 consecutive days.  Maryland’s average price is at a nearly five year low at $2.58 per gallon, which is 10 cents lower than a week ago, 29 cents less than last month, and 79 cents a gallon cheaper than on this date last year. In Cumberland, heading into the weekend the average price stands at $2.65

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