BALTIMORE, MD—The nation’s average price of gasoline has risen for the second straight week, climbing 3.1 cents from a week ago to $3.60 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 up 14.2 cents from a month ago and 5.5 cents per gallon lower than a year ago. The national average price of diesel has fallen 1.2 cents in the last week and stands at $4.01 per gallon—16 cents lower than one year ago.
“With Iran’s attack on Israel over the weekend, the stakes couldn’t have been higher for a major potential impact on oil and gasoline prices. With the attacks largely thwarted and mostly unsuccessful, and with Iran signaling that their attack will be the end of their response, the risk to crude oil has diminished, and the situation is thankfully likely to de-escalate going forward,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “If Israel, which has promised to respond with further attacks, indeed does press on, it could certainly still push oil prices higher. However, motorists can expect other factors to influence what they’re paying at the pump. Motorists in the mid-Atlantic and Northeastern U.S. will soon see a spike in prices as they make the leap to summer gasoline—as much as 20-50 cents per gallon higher in nearly a dozen states. On the West Coast, price increases should finally slow, but the national average will likely climb again in the coming week.”
The most common U.S. gas price encountered by motorists stood at $3.39 per gallon, up 10 cents from last week, followed by $3.29, $3.49, $3.19, and $3.59 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 22 cents lower than the national average. The top 10% of stations in the country average $5.14 per gallon, while the bottom 10% average $3.01 per gallon. The states with the lowest average prices: Colorado ($3.03), Mississippi ($3.07), Louisiana ($3.12).
The states with the highest average prices: California ($5.41), Hawaii ($4.66), and Washington ($4.62).
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
