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Gas Prices Drop; Experts Predict Further Reduction Through Year-End

Photo Caption: Despite the decrease in fuel prices

Drivers in Maryland are getting a little relief at the gas pump during the holiday season. Gas prices have fallen in Baltimore by an average of 15.7 cents per gallon in the last week, according to an analysis by GasBuddy. The current cheapest gas station in Baltimore is priced at $2.96 per gallon, while the most expensive is $3.99 per gallon, according to GasBuddy.

According to AAA, prices have fallen 34 cents since this time last month and are approaching prices seen last year. At this time last year, the average cost of a gallon of gas in Maryland was $3.34 per gallon.

The national average has also fallen to 15.8 cents per gallon in the last week.

The head of petroleum analysis at GasBuddy, Patrick De Haan, is expecting even further price reductions.

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