State gas prices hit lowest level in nearly four years

How low are gas prices in Maryland?

Maryland's average gas prices fell another four pennies over the weekend, dropping below the national figure and to a level not seen in nearly four years, according to AAA Mid-Atlantic.

The organization reported the current average price for a gallon of regular unleaded gasoline as $2.99, down from $3.32 on Oct. 1. The state average has not hit $2.99 since December 2010. The current national average was $3.04.

The average of $2.95 in the Baltimore area was the second lowest average in the state, where prices ranged from $3.11 in Cumberland to $2.90 in Salisbury.

Gas prices are expected to drop in the fall due to slackening demand and a switch to less expensive winter gasoline blends, but not this much, Ragina Cooper Averella, public and government affairs manager at AAA Mid-Atlantic, said in a prepared release. She said prices could drop a bit more before stabilizing, and she expected they would rise again in the spring.

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