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Gas prices inch higher for second straight week

BALTIMORE, MD—For the second straight week, the national average has inched ever so slightly higher, rising 0.3 cents from a week ago to $3.41 per gallon on Monday, 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 price is currently 14.4 cents per gallon lower than a year ago.

“With summer now officially here, we’ve seen the national average price of gasoline holding mostly steady compared to last week, with some states seeing their traditional price cycling every couple of weeks, while others have seen prices slowly slip,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “For now, gasoline prices may see little movement ahead of July 4 as oil prices have risen above $80. But the good news is that instead of the national average jumping to follow the rising price of oil, it’s holding steady. The bummer is that the decreases we hoped for will have to wait, thanks to oil’s climb.”



Oil prices have also been on the rise in recent weeks. After a brief rally, oil prices fell slightly on Friday before resuming a rally on Monday. As a result, the median U.S. oil price rose 0.2 cents to $3.29 per gallon.

See previous gas price reports here

In the Baltimore metro area, the cheapest gas this week could be found at the following locations:

Lowest Baltimore Gas Prices 20240624

Photo via Pixabay

This article was written with the assistance of AI and reviewed by a human editor.


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