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Gas prices steady

June 11th, 2016 by WCBC Radio

Supply issues in the Midwest combined with strong gasoline demand contributed to the national average pump price moving higher over the past week. However, Maryland’s average gallon cost is holding steady, while average prices for many regions across the state even dropped a penny or two. Today’s national average price of $2.38 per gallon represents an increase of four cents per gallon since last week and 17 cents per gallon more than one month ago. Year-over-year discounts persist due to crude oil prices remaining relatively low compared to last year, but discounts are beginning to narrow and have closed to 37 cents per gallon versus this same date last year. Maryland’s average price is four cents lower than the national average at $2.34 per gallon, which is unchanged from last week.  The state average is nine cents higher than a month ago, yet significantly lower than last year’s price on this date by 38 cents per gallon. 

6/10/16

Week Ago

Month Ago

Year Ago

$2.38

$2.34

$2.21

$2.75

$2.34

$2.34

$2.25

$2.72

$2.32

$2.33

$2.24

$2.71

$2.40

$2.41

$2.32

$2.65

$2.33

$2.34

$2.27

$2.69

$2.18

$2.20

$2.16

$2.59

$2.39

$2.38

$2.28

$2.76

 

 

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October 17th, 2015 by WCBC Radio

Gas prices are holding steady nationally, statewide and locally. The average price for a gallon of regular unleaded across the nation heading into the weekend stands at $2.29, down two cents from a week ago. Maryland’s average is at $2.23, down a cent from last week, those numbers mirror Cumberland’s also at $2.23 a gallon. 


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