BALTIMORE, MD—For the second straight week, the nation’s average price of gasoline has climbed, rising 8.8 cents from a week ago to $3.57 per gallon this week 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 up 13.0 cents from a month ago but 52.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 1.6 cents in the last week and stands at $4.15 per gallon, 88.9 cents lower than one year ago.
“The national average price of gasoline has continued its relatively slow climb, with 44 states seeing average gasoline prices climb over the last week. Prices are being pulled up not only due to continued increases in demand as temperatures warm, but also pressure from oil prices, which have risen over 20% in the last month, primarily driven by OPEC’s surprise decision a week ago to cut oil production,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“Expect the upward trend to continue through much of the rest of spring, but once the transition to summer gasoline and refinery maintenance are behind us, April and May jumps could bring June slumps,” De Haan added. “However, for diesel, the news continues to be good, with the national average price of diesel continuing to drop, now at its narrowest difference to gasoline in over 13 months.”
The most common U.S. gas price encountered by motorists stood at $3.49 per gallon, up 10 cents from last week, followed by $3.39, $3.29, $3.59, and $3.19 rounding out the top five most common prices. The median U.S. gas price is $3.48 per gallon, up 9 cents from last week and about 9 cents lower than the national average. The top 10% of stations in the country average $4.68 per gallon, while the bottom 10% average $3.09 per gallon. The states with the lowest average prices: Mississippi ($3.11), Arkansas ($3.16), and Kansas ($3.18). The states with the highest average prices: California ($4.82), Hawaii ($4.74), and Arizona ($4.33).
See previous gas price reports here
In the Baltimore metro area, the cheapest gas this week could be found at the following locations:
Photo via Pixabay
