An industry analyst says the drop comes mostly from lower crude oil prices and generally weak demand for gas across the U.S.
Memorial Day marks the start of yearly summer driving season, and so far, travelers don’t seem fazed by higher prices at the pump.
Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.
The shutdown of gas production due to the onslaught of Harvey is impacting commuters locally and across the nation. The price of a gallon of gas has increased 41 cents in Maryland, 36 in Virginia, 23 in D.C. and an average of 27 cents nationwide.
A retailer’s wholesale cost can depend on factors such as the length of a retailer’s contract with a supplier and the volume of fuel a retailer pumps.
Sizing up gasoline prices, AAA Mid-Atlantic estimates that prices at the pump this summer could rise 40 cents or more per gallon.
After an already expensive year at the gas pump, prices are set to rise even higher.
WASHINGTON — The number of deadly traffic crashes jumped 17 percent in Maryland last year reversing a nearly decade-long downward, trend. In 2015, 520 people died in vehicle and pedestrian crashes in the state, an increase…
Thanks to falling gas prices, the average cost of owning a vehicle in the United States this year has hit a six-year low.
The average price for a gallon of regular gasoline in the D.C. metropolitan area now sits at exactly $2.
For those who deduct work-related mileage costs, the good news is there’s no change in your tax filings yet. But that’s about to change.
Michigan was the first state to have gas under $1 in likely over a decade.
WASHINGTON– Unusually low gas prices are fueling doubts about the health of the global economy. But if you’ve filled up lately, you may not be complaining. Industry analysts say prices at the pump will continue…
WASHINGTON — It was one of the worst natural disasters in American history, but 10 years later, the impact of Hurricane Katrina can still be felt. “Katrina changed the economic paradigm, in terms of gas…
WASHINGTON — Lower gas prices may be good for drivers’ wallets, but some local leaders warn the lower gas taxes collected on cheaper gas could cut into local transportation services and put more cars on the…
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