NOTTINGHAM, MD—For the third straight week, the nation’s average gas price has risen, climbing 1.3 cents from a week ago and stands at $3.31 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 is unchanged from a month ago and 93.3 cents per gallon higher than a year ago. The national average price of diesel has risen 3.4 cents in the last week and stands at $3.61 per gallon.
“Average gas prices saw a slight boost over the last week as the rising price of crude oil continues to push prices up. While the rise was fairly tame, some states still saw slight declines. Gasoline demand, aside from motorists filling up ahead of the weekend winter storm, has been lackluster. The real pain at the pump will start in about 4-6 weeks,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “Oil prices continue to edge higher as oil production remains a concern due to unrest in Libya and Kazakhstan, however, some improvement in the latter situation could lead to oil prices being more subdued.”
The most common U.S. gas price encountered by motorists stood at $2.99 per gallon, unchanged from last week, followed by $3.19, $3.09, $2.89, and $3.15 rounding out the five most common prices. The average cost at the priciest 10% of stations stands at $4.39 per gallon, up 2 cents from a week ago, while the lowest 10% average $2.82 per gallon, up 4 cents from a week ago. The median U.S. price is $3.17 per gallon, an increase of 2 cents from last week and about 14 cents lower than the national average. The states with the lowest average prices: Oklahoma ($2.89), Texas ($2.91), and Arkansas ($2.92). The states with the highest prices: California ($4.63), Hawaii ($4.29), and Washington ($3.93).
See previous gas price reports here
In the NottinghamMD.com coverage area, the cheapest gas as of Monday could be found at the following locations:
$2.97 per gallon
BP
8809 Belair Road
Nottingham, MD 21236
$2.99 per gallon
Costco
9919 Pulaski Highway
Middle River, MD 21220
$2.99 per gallon
Sam’s Club
6410 Petrie Way Road
Rosedale, MD 21237
$3.01 per gallon
BJ’s Wholesale Club
4201 Wholesale Club Drive
Nottingham, MD 21236
Photo by Ingo Joseph from Pexels
