Gas prices nudge down, but further relief could face turbulence

WASHINGTON, D.C.—The national average for a gallon of gas dropped four cents since last week, despite growing gas demand, according to AAA. However, the price of oil has declined several dollars per barrel and is holding steady below $80, contributing to lower pump prices. As Labor Day approaches, gas demand and volatile oil prices, particularly during an active hurricane season, […]

Gas prices rise on surprise OPEC announcement

WASHINGTON, D.C.—OPEC’s announcement last weekend that it will cut production by over a million barrels per day starting in a month took the oil market by surprise. In response, crude immediately surged well above $80 a barrel, although it has since struggled to stay above that mark. Meanwhile, the national average for a gallon of regular gasoline rose seven cents […]

Governor Hogan announces enhanced benefits for utility, electric assistance to address rise in heating costs

ANNAPOLIS, MD—Governor Larry Hogan on Friday announced that, to address the rise in heating costs, recipients of the state’s utility and electric assistance will receive enhanced benefits during this home heating season. The state is also increasing funding for weatherization assistance programs to improve energy conservation. “The relief we are announcing today will help our most vulnerable residents keep up […]