NOTTINGHAM, MD—For the eighth consecutive week, the nation’s average gas price has climbed, rising 3.2 cents from a week ago and stands at $3.52 per gallon on Monday, 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 20.7 cents from a month ago and 88.9 cents per gallon higher than a year ago. The national average price of diesel has risen 5.7 cents in the last week and stands at $3.93 per gallon, the highest since May 20, 2014.

“With tensions still very high that Russia may invade Ukraine, gasoline prices kept moving higher, tugged by the rising price of oil as the market concentrates on possible outcomes from the situation that could affect global oil production amidst recovering demand,” said Patrick De Haan, head of petroleum analysis for GasBuddy. “However, with nuclear talks between Iran and global powers ongoing in Vienna, the possibility exists that a new deal could bring Iran’s crude oil supply back to legitimate markets, helping to ease a slight portion of supply concerns. While the proposition remains in the air for the time being, we’re also just a few weeks away from the traditional start of the spring surge in gasoline prices, brought on by the change to summer gasoline, seasonal maintenance at refineries and rising demand. The weeks ahead could be rather ugly with rising prices, especially if Russia pursues a strong-arm invasion of Ukraine.”

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 $3.35 rounding out the five most common prices. The average cost at the priciest 10% of stations stands at $4.39 per gallon, down 1 cent from a week ago, while the lowest 10% average $3.07 per gallon, up 3 cents from a week ago. The median U.S. price is $3.39 per gallon, up 4 cents from last week and about 13 cents lower than the national average. The states with the lowest average prices: Oklahoma ($3.17), Arkansas ($3.18), and Mississippi ($3.18). The states with the highest prices: California ($4.72), Hawaii ($4.49), and Oregon ($3.96).

See previous gas price reports here

In the NottinghamMD.com coverage area, the cheapest gas as of Monday could be found at the following locations:

$3.19 per gallon
Costco
9919 Pulaski Highway
Middle River, MD 21220

$3.25 per gallon
Royal Farms
500 Joppa Farm Road
Joppa, MD 21085

$3.27 per gallon
Sam’s Club
6410 Petrie Way Road
Rosedale, MD 21237

$3.29 per gallon
BJ’s Wholesale Club
4201 Wholesale Club Drive
Nottingham, MD 21236

Photo by Ingo Joseph from Pexels