NOTTINGHAM, MD—For the third straight week, the nation’s average gas price has declined, falling 4.7 cents from a week ago to $3.72 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 down 3.0 cents from a month ago and 34.4 cents per gallon higher than a year ago. The national average price of diesel has fallen 2.4 cents in the last week and stands at $5.28 per gallon.

“For the third consecutive week, we’ve seen the national average price of gasoline decline, and while it’s good news for most regions with a continued drop in prices, the Northeast is bucking the trend and seeing a noticeable jump due to tight supply,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The national average is closing in on the previous low from September, which was interrupted when refinery issues caused prices to skyrocket in the West and Great Lakes. With those issues addressed, the West has seen prices plummet, including a nearly 90 cent per gallon decline in California in less than a month. Compare that to the Northeast, where prices have jumped some 10-25 cents per gallon, demonstrating there’s much regionality to current gasoline price trends. Add in diesel prices that remain high amidst extremely tight supply, and there are definitely some challenges that lie ahead.”

The most common U.S. gas price encountered by motorists stood at $3.69 per gallon, up 20 cents over last week, followed by $3.29, $3.59, $3.49, and $3.99 rounding out the top five most common prices. The median U.S. gas price is $3.57 per gallon, up 3 cents from last week and about 15 cents lower than the national average. The top 10% of stations in the country average $5.34 per gallon, while the bottom 10% average $3.01 per gallon. The states with the lowest average prices: Georgia ($3.11), Texas ($3.13), and Mississippi ($3.21). The states with the highest average prices: California ($5.47), Hawaii ($5.16), and Nevada ($4.95).

See previous gas price reports here

In the NottinghamMD.com coverage area gas prices stayed almost exactly the same as last week.  The cheapest gas as of Monday could be found at the following locations:

$3.48 per gallon
Costco
9919 Pulaski Highway
Middle River, MD 21220

$3.48 per gallon
BJ’s
4201 Wholesale Club Drive
Nottingham, MD 21236

$3.48 per gallon
Sam’s Club
6410 Petrie Way Rd.
Rosedale, MD 21237

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