BALTIMORE, MD—After falling slightly last week, the nation’s average price of gasoline is unchanged from a week ago, holding at $3.54 per gallon, 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 has been stuck between $3.50 and $3.60 every day since April 23. The national average price of diesel has fallen 2 cents in the last week and stands at $3.84 per gallon.
“It’s been another generally sideways week for the national average, which has remained stuck in the $3.50-$3.60 per gallon range since late April with fundamentals generally holding pretty stable, even though oil prices have bounced around between $65-$80 in the same timeframe,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“While some states saw big increases from last week, I expect those states to see a calmer week ahead. Other states saw prices fall, and some like Arizona fell significantly as some of the kinks in supply have improved there over the last few weeks,” De Haan added. “Ultimately, we could see the national average nudge a bit lower in the week ahead, should oil prices fail to rally. But, with developments including the Wagner group destabilizing and testing Russia, there can always be last-minute shifts that impact prices, which we continue to watch for and hope the market remains calm.”
The most common U.S. gas price encountered by motorists stood at $3.29 per gallon, down 20 cents from last week, followed by $3.39, $3.19, $3.49, and $3.09 rounding out the top five most common prices.
The median U.S. gas price is $3.39 per gallon, unchanged from last week and about 15 cents lower than the national average.
The top 10% of stations in the country average $4.78 per gallon, while the bottom 10% average $2.99 per gallon.
The states with the lowest average prices: Mississippi ($2.97), Louisiana ($3.08), and Tennessee ($3.09). The states with the highest average prices: Washington ($4.92), California ($4.79), and Hawaii ($4.70).
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
