Business, Sci-Tech

BALTIMORE GAS PRICES: National average ticks higher for eighth straight week

NOTTINGHAM, MD—For the eighth straight week, the national average price of gasoline has risen, posting a 1.6 cent per gallon gain from a week ago to $3.07 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average now stands 3.7 cents higher than a month ago and 98 cents higher than a year ago. The national average price of diesel has risen 1.4 cents in the last week and stands at $3.21 per gallon.

“We’ve seen the national average gas price continue to inch higher as oil prices have reached $71 per barrel, the highest since 2018, and as gasoline demand continues to rebound,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Strong gasoline demand as states and cities reopen will likely continue to be a major factor keeping gas prices elevated, even as oil production climbs in the months ahead. With most additional supply being gobbled up very quickly, gas prices will likely stay at elevated levels for the foreseeable future. Motorists can continue to fight the high gas prices by remembering to shop around each time they get below half a tank.”

The most common U.S. gas price encountered by motorists was $2.89 per gallon, unchanged from last week, followed by $2.99, $2.79 and $3.09.  The average cost at the priciest 10% of stations stands at $4.05 per gallon, up 1 cent from a week ago, while the lowest 10% average $2.62 per gallon, up four cents from a week ago.  The median U.S. price is $2.95 per gallon, up four cents from last week and about 12 cents lower than the national average.  The states with the lowest average prices: Louisiana ($2.68), Oklahoma ($2.70) and Mississippi ($2.71).  The states with the highest priced states: California ($4.21), Hawaii ($3.90) and Nevada ($3.65).

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In the NottinghamMD.com coverage area, the cheapest gas as of Monday morning was located at Costco (9919 Pulaski Highway) and at Sam’s Club (6410 Petrie Way).  The price per gallon for regular gas was $2.75 at each location.  The most expensive gas as of Monday morning was located at Exxon (8485 Honeygo Bouleavard), where regular gas currently costs $3.49 per gallon.

For more Baltimore Gas Prices, visit http://www.baltimoregasprices.com.

Photo by Ingo Joseph from Pexels

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