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Holiday Gas Prices Hold Steady in Cumberland

July 3rd, 2021 by WCBC Radio

Nearly 44 million Americans, including 3.4 million persons from Maryland, the Washington, D.C. metro area and Virginia, are gearing up to take to the roads for the Independence Day holiday weekend. While national total travel volume is expected to reach near pre-pandemic levels, AAA expects car travel volume will reach record levels this weekend. Although drivers will spend the holiday paying the highest gas prices since 2014, AAA does not expect this to deter the Great American Road Trips this weekend and throughout the summer. 

 In its latest weekly report, new data from the Energy Information Administration showed that gas demand decreased slightly last week, while total domestic gas stocks increased. Falling gas demand, while supply increases, would typically help to stabilize and reduce pump prices; however, crude prices continue to increase and send pump prices higher. AAA expects crude oil prices to likely continue climbing following the holiday and through the end of summer.

 Today’s national gas price average is $3.12, up respectively four cents from one week ago, eight cents higher than one month ago and 95 cents more than one year ago. 

 Maryland’s average is $2.99, up a penny from last week, down three cents from a month ago and 79 cents more than last year. All areas in Maryland are averaging under $3 this week with the exception of some Maryland localities on the edge of the nation’s capital.

 

CURRENT AND PAST GAS PRICE AVERAGES 

Regular Unleaded Gasoline

 

Today

Week Ago

Month Ago

Year Ago

July Fourth 2020

National

$3.12

$3.08

$3.04

$2.17

$2.17

Maryland

$2.99

$2.98

$3.02

$2.20

$2.20

Annapolis

$2.96

$2.94

$3.00

$2.19

$2.19

Baltimore

$2.95

$2.94

$3.00

$2.19

$2.19

Cumberland

$2.97

$2.97

$2.97

$2.17

$2.17

Frederick

$2.97

$2.94

$2.99

$2.18

$2.18

Hagerstown

$2.94

$2.94

$2.98

$2.14

$2.15

Salisbury

$2.99

$2.94

$2.99

$2.18

$2.18

Washington Suburbs

(MD only)

$3.10

$3.09

$3.11

$2.23

$2.23