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Area Gas Prices Down


Last Update: 2/01 8:13 pm
Sneak peak at new Hybrid (AP Images)
Sneak peak at new Hybrid (AP Images)
Area drivers may be getting a break at the pump. At least for the rest of the month.

According to gasoline price website BaltimoreGasPrices.com the average retail gasoline prices in Baltimore have fallen 5.8 cents per gallon in the past week, averaging $2.61 per gallon today.

This compares with the national average that has fallen 2.1 cents per gallon in the last week to $2.67 per gallon.

Including the change in gas prices in Baltimore during the past week, prices today are 78.4 cents per gallon higher than the same day one year ago and are 3.4 cents per gallon higher than a month ago.

The national average has increased 2.7 cents per gallon during the last month and stands 81.5 cents per gallon higher than this day a year ago.

"Prices will slowly fall across much of the country as a stronger dollar and better than expected gains in gasoline inventories push oil prices lower", says GasBuddy.com Senior Petroleum Analyst, Patrick DeHaan.

DeHaan says that motorists can expect to see lower prices at the pump through mid-February before rising in March and April as refiners complete work on their plants.

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