BALTIMORE, MD—After falling for two straight weeks, the nation’s average price of gasoline has inched up, rising 0.6 cents from a week ago to $3.04 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 1.4 cents from a month ago and 23.9 cents per gallon lower than a year ago. The national average price of diesel has fallen 2.0 cents in the last week and stands at $3.89 per gallon— 69 cents lower than one year ago.

“Last week was a bit of a mixed bag for gasoline prices, with prices increasing early on but falling again in recent days as the situation in the Red Sea continues to drive market volatility,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While last week saw the U.S. attacking Houthi militants engaged in attacks on vessels in the Red Sea, oil prices jumped, but then promptly fell as economic concerns with weak demand sapped the upward move after the U.S. and allies attacked Houthi rebels. Gasoline inventories also saw another large rise, putting some downward pressure on gas prices, and leaving an opportunity for the national average to potentially briefly fall below $3 per gallon. We’ll have to see if the stars finally align for such a move.”

The most common U.S. gas price encountered by motorists stood at $2.99 per gallon, unchanged from last week, followed by $2.89, $2.79, $2.69, and $3.09 rounding out the top five most common prices. The median U.S. gas price is $2.89 per gallon, unchanged from last week and about 15 cents lower than the national average. The top 10% of stations in the country average $4.36 per gallon, while the bottom 10% average $2.47 per gallon. The states with the lowest average prices: Oklahoma ($2.48), Arkansas ($2.57), and Colorado ($2.62). The states with the highest average prices: Hawaii ($4.60), California ($4.52), and Washington ($3.98).

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