BALTIMORE, MD—For the fourth week in a row the national average price of gasoline dropped, falling 6.2 cents to $3.30 per gallon, according to data released on Monday by GasBuddy. The national average is now 20.7 cents per gallon lower than last month and 49.2 cents per gallon less than a year ago.

“It seems fitting that, in the run-up to Labor Day, the national average has fallen for four straight weeks to its lowest point since February, giving Americans one last chance to hit the road with gas prices being less of a factor,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “GasBuddy is now tracking eight states where average gas prices are already below the $3 per gallon mark, along with nearly 20% of gas stations in the country selling gasoline at $2.99 or lower. These numbers will continue to look better every week as we move into fall. GasBuddy’s Labor Day travel forecast, to be released tomorrow, will provide more good news about the millions of dollars Americans who are road-tripping will save compared to last year.”

According to GasBuddy, the average price of diesel has fallen 3.2 cents in the past week and stands at $3.67 per gallon, which is the lowest level since early 2022. Oil prices, however, have remained on the rise due to higher demand and geopolitical uncertainty. The EIA reported that oil inventories dropped by 4.6 million barrels last week, while the SPR rose by 600,000 barrels.

The most common U.S. gas price encountered by motorists stood at $3.19 per gallon, down 10 cents from last week, followed by $3.29, $2.99, $3.09, and $3.39 rounding out the top five most common prices.

The median U.S. gas price is $3.21 per gallon, down 7 cents from last week and about 9 cents lower than the national average.

The top 10% of stations in the country average $4.39 per gallon, while the bottom 10% average $2.74 per gallon.

The states with the lowest average prices: Oklahoma ($2.79), Mississippi ($2.85), Texas ($2.87).

The states with the highest average prices: Hawaii ($4.55), California ($4.53), and Washington ($4.13).

Biggest weekly changes: Ohio (-15.5c), Illinois (-12.3c), South Carolina (-12.3c), Oklahoma (-12.1c), New Mexico (-11.1c).

See previous gas price reports here

In and around the Nottingham area, the cheapest gas this week could be found at the following locations:

BJ’s
4201 Wholesale Club Dr
Nottingham, MD
$3.05

Wawa
7501 Pulaski Hwy
Rosedale, MD
$3.11

Carroll Motor Fuels
2535 Cleanleigh Drive
Parkville, MD
$3.13

Carroll Motor Fuels
9525 Pulaski Highway
Middle River, MD
$3.13

Crown & Carroll Motor Fuels
8350 Pulaski Highway
Rosedale, MD
$3.13

Marathon
8913 Belair Road
Perry Hall, MD
$3.13

Shell
7514 Pulaski Highway
Rosedale, MD
$3.14

Royal Farms
9620 Belair Road
Perry Hall, MD
$3.15

Sunoco
8601 Old Harford Road
Parkville, MD
$3.15

Royal Farms
10740 Pulaski Hwy
White Marsh, MD
$3.19

Royal Farms
5361 Nottingham Dr
White Marsh, MD
$3.19

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

Photo via Pixabay