BALTIMORE, MD—The nation’s average price of gasoline has returned to decline, falling 0.8 cents from a week ago to $3.03 per gallon this week according to GasBuddy data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country.
The national average is down 7.8 cents from a month ago and 36.0 cents per gallon lower than a year ago. The national average price of diesel has fallen 2.1 cents in the last week and stands at $3.87 per gallon—73 cents lower than one year ago.
“We continue to see gasoline prices bouncing off lows, only to re-test them again and again. While prices jumped in some places, it’s being offset by drops elsewhere, and that has kept alive the possibility of briefly seeing the national average fall to the lowest level since 2021,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “We remain just a nickel or so away from a $2.99 national average, and while the window of opportunity continues to slowly close, with refiners now starting the purge of winter gasoline on the West Coast, we still have a low-level chance of getting there. But make no mistake—if we do see a national average of $2.99 per gallon, it won’t last long as we start to turn the corner and get closer to the transition to summer gasoline.”
The most common U.S. gas price encountered by motorists stood at $2.99 per gallon, unchanged from last week, followed by $2.89, $3.09, $2.79, and $2.69 rounding out the top five most common prices. The median U.S. gas price is $2.93 per gallon, up 4 cents from last week and about 11 cents lower than the national average. The top 10% of stations in the country average $4.21 per gallon, while the bottom 10% average $2.46 per gallon. The states with the lowest average prices: Oklahoma ($2.52), Colorado ($2.57), and Kansas ($2.61). The states with the highest average prices: Hawaii ($4.61), California ($4.42), and Washington ($3.87).
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
