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Gas Prices Appear To Decline Ahead Of Memorial Day

BALTIMORE (WJZ)—We’re starting to see a little relief from the pumped up gas prices.The average price in Baltimore has dropped to $3.89 a gallon. That’s down about 12 cents from last week. But it’s still 5 cents higher than what we paid last month and more than $1 higher than last year.

Many people are keeping a close eye on the pump with summer driving season right around the corner.

Derek Valcourt shows us how the high prices are impacting travel plans.

Gas prices fell slightly this week, but it’s still way too high for moms like Lisa Lewis.

“I commute back and forth to work 51 miles a day, so I’m carpooling,” Lewis said. “I have people carpooling with me. I’m carpooling to get the kids to school because everyone’s trying to save money, and it’s ridiculous how bad gas prices are.”

The average price per gallon has dropped 11 cents in the last week–though it’s still near the $4 mark in parts of Baltimore.

We found it for $3.83 in Aberdeen.

“Many analysts are predicting that we can expect to see them continue to decline, and hopefully by July or August even see them as low as between the $3.25 and $3.75 per gallon margin,” said Ragina Averella, AAA Mid-Atlantic.

The price drop comes just in time for Memorial Day, when some 35 million Americans are planning to travel, according to AAA Mid-Atlantic.  About 88 percent of them are willing to deal with the gas pain and drive. That’s down just slightly from last year. 

Air travel may be benefiting in part because many Americans traveling long distances believe it’s now cheaper to fly somewhere than pay for all that gas to drive there.

But others say vacationing this Memorial Day isn’t an option.

“Between that and the price of gas, I really can’t afford to take that extra trip right now,” said Emily Boling. “We normally would go to Deep Creek Lake or down to Ocean City, but we’re staying here and saving our money.”

Others said they plan to spend their Memorial Day sitting at home or in their backyard.

We are still 22 cents below the record high of $4.11 a gallon that was set in 2008.

Click here to find the cheapest gas in your neighborhood.

Comments

One Comment

  1. Steven Cville says:

    As you can see Obama administration has done nothing to help lower gas prices. If Bush was in office the Dems would be saying his oil friends are making big money. Obama cutting back production leases and added regulations has just slowed U.S. oil drilling at a time when we don’t need it, of course he don’t car. Too busy campaigning which has never stopped since getting in office.
    13% of the U.S. population is going to vote for him just because of his color anyway, many in that group would vote for a crack head if running against a white guy. ( DC Mayor Barry example) Sad state of politics!

    1. marlo wagstaff says:

      what exactly is he supposed to do? Besides releasing some oil reserves, there is not anything that any president could do that would have any meaningful or immediate impact on gas prices.

      1. baltimorelady617 says:

        Thank you

  2. Debbie says:

    Down 12 cents. Don’t tell OweMalley or he will spend the holiday thinking of ways to get that extra 12 cents back out of your pocket.

    1. Ken says:

      He already has with the toll increases. He did not do it personally but you knowe he backs it 110%.

  3. PAUL E. MICELLI says:

    WONDER THE PRICE OF GAS IN ELECTION YEAR 2012 WILL BE? I’LL BET IT WILL BE LESS THAN $3.50/GAL. JUST A LITTLE SWEETNER FOR THE HUDDLED MIDDLE CLASS. VOTE THE DEMOCRATS OUT OR YOU WILL BE FACING WORSE TIMES AHEAD. DO YOU LIKE THE WAY IT IS NOW? DON’T FORGET WHO VOTED FOR WHAT WHEN ELECTION TIME ROLLS AROUND.

  4. adraine says:

    if bush was in office we be all dead. leave presiden OBAMA out of this stuff th e REPUBLICANS started ad MESSED UP. GO OBAMA 2012

    1. John says:

      Prime example of am Obama supporter……..please check spelling and grammar before posting! Thanks

  5. Matt says:

    every president seems to have periods with high gas prices. maybe its not so much which political party is at fault as it is govt and business as a whole. stop blaming Obama or Bush and blame the govt as a whole. Write to your local, state and national congressmen and vent your frustration.

  6. Nobody says:

    I am in no way an Obama Supporter, in Fact I can not stand him as he is possibly one of the worse presidents we have had in recent history.

    I will say this, You cannot Blame Obama for the Gas whoas, I was just on a tanker vessel recently that is loaded with gas and has been sitting out off the coast of Delaware for 2 months. This vessel is also sitting with 6 other vessels with the same story. Loaded with gas, but no place to go. The Shippers of the Gas hold the vessels off and wait for the highest bid. they would rathe rpay anchorage fees then unload the gas.So I would blame the Sellers of the gas first, before I blame the Gov’t

    It’s ok because we do the same thing with Coal. You ever notice all those ships out side the Bay bridge? Some have been sitting for months to dock. We the USA wait for the highest bidder for the Coal. It’s business.

  7. kdksk says:

    12 cents, r u kidding me…u call that relief?????? u need ur head examined.

  8. fraught says:

    Interesting. Last week I just made it in under the wire, the local station was going from 3.85 to 3.99. The next day it went from 3.99 to 4.15.

    2 days later, articles appeared suggesting pice-gouging. NO WAY cried the stations and distributors. One day after that? The price went from 4.15 back to 3.85.

    Y’all can blame obama and the libs if you want. I guess I’m just smarter than you are.

  9. sheriff says:

    Before everybody starts feeling all good, warm & fuzzy about the decline in gas prices, just remember that this time last year it was a dollar a gallon lower. This is the oldest trick in the book with grocery prices. Raises prices a dollar, cut them in half in six months & people feel good not realizing they just got stiffed again by as much as 50%.

  10. tylerjake says:

    Just wait, hurricane season is almost here. As soon as a storm gets within a 1000 miles of any point in the USA, they’ll say “Well this could impact supply… so…RAISE IT UP!”

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