BALTIMORE, MD—The national average gas price in the U.S. has risen for the second straight week, reaching $3.01 per gallon, according to GasBuddy. This increase of 3.1 cents compared to last week is attributed to price cycling, particularly in the Great Lakes region, where stations are adjusting margins ahead of holiday travel. Despite the recent uptick, the national average remains 2.6 cents lower than last month and 9.2 cents lower than last year. The national average price of diesel also saw a slight increase, rising 0.6 cents to $3.478 per gallon.

Despite the recent rise in gas prices, it’s important to note that 32 states still have average gas prices below $3 per gallon. Patrick De Haan, head of petroleum analysis at GasBuddy, explained that price cycling is a common trend during holiday seasons, with stations aiming to normalize their margins. However, he anticipates that prices in the Great Lakes region will likely decrease in the coming week as stations resume competitive pricing.

De Haan also highlighted the potential for gas prices to remain stable in the near future, given the sideways movement of oil prices. De Haan advised motorists to check prices before filling up, as variations of up to 25 to 50 cents per gallon can still be found across the country.

See previous gas price reports here

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

• Bowleys Quarters
• Carney
• Edgewood
• Essex
• Fallston
• Joppa
• Kingsville
• Middle River
• Nottingham
• Overlea/Fullerton
• Parkville
• Perry Hall
• Rosedale
• Rossville
• Towson
• White Marsh

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

Photo via Pixabay