“There is usually a bottoming-out around Thanksgiving and Christmas”, but this year prices should remain lower for longer, around $1.80 to $1.90 a gallon.
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AAA Mid-Atlantic said Friday in a report that the average price of a gallon of regular unleaded gas in Maryland was unchanged at $2.18.
GasBuddy.com senior petroleum analyst Patrick DeHaan said it’s a simple story of supply and demand.
Although OH typically has a sawtooth pattern when it comes to gasoline prices, prices have been consistently low and could be headed lower.
In Metro Detroit, the current average is about $2.18 per gallon, which is 17 cents less than last week.
According to experts, that’s bit higher from the national average, which is $2.16 a gallon.
The state is already seeing a few of the lowest fuel prices in five years.
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This fall in prices could well see holiday travelers opt to drive to see family rather than fly, given the savings they’ll be making on the road, KAKE notes.
