BALTIMORE, MD—The national average price of gasoline has surged for the second consecutive week, rising 9.7 cents to $3.18 per gallon, as tensions in the Middle East escalate following attacks between Israel and Iran and recent U.S. strikes on Iranian nuclear facilities, according to data released Monday by GasBuddy.
Diesel prices have also seen a significant jump, increasing 16.1 cents in the past week to an average of $3.649 per gallon, marking the largest weekly increase since August 2023.
Patrick De Haan, head of petroleum analysis at GasBuddy, attributed the price hike directly to the geopolitical situation. “With Israel and Iran trading attacks over the past week, oil prices have continued to climb — and gasoline prices are following suit, rising at a pace we haven’t seen since last summer,” De Haan said. He noted that nearly all states experienced an increase in gas prices.
De Haan warned motorists to anticipate a continued upward trend. “For now, motorists should anticipate a continued steady climb in prices, with the national average likely to increase another 7 to 15 cents this week, while diesel could rise by 10 to 20 cents,” he stated, cautioning that these forecasts remain “fluid” based on global developments. He also dismissed “apocalyptic spikes” circulating on social media as “wildly inaccurate.”
Oil markets remained volatile. West Texas Intermediate (WTI) crude oil was trading at $73.78 per barrel early Monday, up from $71.85 a barrel last Monday. Brent crude oil was at $76.86 per barrel, an increase from $73.12 a week prior.
Giovanni Staunovo, a UBS Commodities Analyst, commented via email that crude prices spiked due to Middle East tensions, and while the risk premium could fade without supply disruptions, it is likely to remain elevated given the uncertainty of the conflict’s evolution.
The latest EIA Weekly Petroleum Status Report for the week ending June 13, 2025, showed U.S. oil inventories fell by 11.5 million barrels, now about 10% below the seasonal average. Gasoline inventories rose slightly by 0.2 million barrels but remain 2% below the five-year seasonal average, and distillate inventories, up 0.5 million barrels, are about 17% below their seasonal average. Refinery utilization decreased by 1.1 percentage points to 93.2%.
The most frequently observed U.S. gas price was $2.99 per gallon, unchanged from last week. The median U.S. gas price stood at $3.05 per gallon.
States with the lowest average gas prices include Mississippi ($2.71), Oklahoma ($2.78), and Louisiana ($2.80). Conversely, California ($4.60), Hawaii ($4.39), and Washington ($4.39) reported the highest averages.
Michigan saw the largest weekly increase in gas prices, up 20.2 cents, followed by Delaware (+13.8 cents) and Texas (+12.4 cents).
For diesel, the most common price was $3.59 per gallon. Texas ($3.19), Mississippi ($3.27), and Louisiana ($3.28) had the lowest average diesel prices, while Hawaii ($5.27), California ($5.07), and Washington ($4.80) recorded the highest. Wisconsin experienced the biggest weekly diesel price jump, rising 28.2 cents.
See previous gas price reports here
In and around the Nottingham area, the cheapest gas this week could be found at these locations…
- Bowleys Quarters
- Carney
- Edgewood
- Essex
- Fallston
- Joppa
- Kingsville
- Middle River
- Nottingham
- Overlea/Fullerton
- Parkville
- Perry Hall
- Rosedale
- Rossville
- Towson
- White Marsh
This article was written with the assistance of AI and reviewed by a human editor.
Photo via Pixabay
