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Why Are Gas Prices Falling in Maryland?

You’ve probably noticed that gas prices in Maryland have been falling over the past few months. So what’s the reason for this? The main reason is a federally mandated switch of the kind of gasoline that gas stations can sell. In the summer, gas stations have to sell a summer fuel blend, which is more pure than the winter blend, and releases less volatile organic compounds (VOC’s) into the air. This blend is sold in the summer because VOC’s are more likely to become suspended in the atmosphere in the summer due to the heat, which results in smog. The winter blend is not as highly purified, and is therefore cheaper to produce and sell, but it does release more VOC’s. So, as the gas stations make the switch from the summer to winter blend, gas prices go down.

 

Gas prices are also going down thanks to low crude oil prices, which sit at $94.20 today. Gasoline production in the U.S. is also up, helping to reduce prices. According to AAA, the national average price for a gallon of gasoline could drop to $3.10 by the end of the year, the lowest it’s been since February 2011. In Maryland, the average is $3.23, up from a low of $3.19 on Tuesday. In many places, such as Catonsville, motorists are paying only a few cents above $3 a gallon. At the U.S. Fuel station in Berwyn Heights, motorists can even fill up for $2.93. However, prices are still high in places like Bethesda, where the highest price for a gallon of regular is $3.79. Check www.marylandgasprices.com to see where you can find the lowest gas prices in your location.

 

gas prices Maryland

 

If you have any questions about our blog, “Why Are Gas Prices Falling in Maryland?” please contact Auto Stop by calling 410-467-7600 or visit AutoStopLTD.com today! You can also follow Auto Stop on FacebookTwitter, and Google+.

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Sources

http://www.popularmechanics.com/cars/news/auto-blog/summer-blend-vs-winter-blend-gasoline-whats-the-difference-13747431

http://www.marylandgasprices.com/

http://www.oil-price.net/

http://www.baltimorenewsjournal.com/2013/11/01/md-gas-prices-hit-lowest-levels-this-year/

http://www.wbal.com/article/103738/3/template-story/Gas-Prices-Bottom-Out-In-Maryland-

http://abclocal.go.com/ktrk/story?section=news/consumer&id=9317252

This entry was posted on Friday, November 8th, 2013 at 6:35 pm. Both comments and pings are currently closed.