image description

Gas Prices Encourage Holiday Travel

June 27th, 2015 by WCBC Radio

Despite recent increases in prices at the pump, gas prices remain significantly lower than this time last year, fueling Independence Day travel in the week ahead.  Holiday gas prices are expected to be the lowest in at least five years, a welcome sign for the 35.5 million Americans and more than 870,000 Marylanders taking a holiday road trip. The national average price for gasoline is $2.78 per gallon Friday, which is two cents less than last week’s price but four cents higher than one month ago.  However, the national price remains discounted from this time last year with drivers saving an average of 90 cents per gallon year-over-year. Maryland’s average price is two cents lower than the national average at $2.76 per gallon, which is a penny less than last week but six cents per gallon higher than last month’s price. The state average is 94 cents lower than the price on this date last year. Cumberland is also at $2.76. up one cent from a week ago

Leave a Reply

View Mobile Site