BALTIMORE, MD—The national average gasoline price fell 3.5 cents per gallon to $3.04 per gallon, 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, down 1.4 cents in the past month, is 10.3 cents per gallon lower than a year ago. The national average diesel price dropped 2.4 cents in the last week to $3.626 per gallon.

The decline in gas prices is attributed to continued selling pressure in oil markets. However, recent tariffs imposed by President Donald Trump on Canada and Mexico could lead to an uptick in gas prices in certain regions, particularly in the Great Lakes, Midwest, Rockies, and Northeast U.S.

“Trump’s new trade war has already triggered retaliatory tariffs on U.S. goods, escalating tensions,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While, on paper, tariffs on Canadian energy could have a significant impact on fuel prices, a prolonged trade war could weaken global economies, reducing demand and partially offsetting the effects of tariffs.”

Oil prices, which had been declining for much of last week, surged on Monday in response to the tariffs, raising concerns over supply disruptions and an escalating trade war. WTI crude gained $2.09 per barrel to $74.62, up from $74.06 last Monday. Brent crude oil rose $1.46 per barrel to $77.13, still below last Monday’s $77.93 start. Trump’s tariffs are likely to cause oil prices to fluctuate this week, with Canada preparing to impose its own tariffs.

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, $3.09, and $3.19 rounding out the top five most common prices.

The median U.S. gas price is $2.94 per gallon, down 5 cents from last week and about 10 cents lower than the national average. The top 10% of stations in the country average $4.19 per gallon, while the bottom 10% average $2.54 per gallon. The states with the lowest average prices: Oklahoma ($2.63), Mississippi ($2.64), Texas ($2.66). The states with the highest average prices: Hawaii ($4.50), California ($4.39), and Washington ($3.88). Biggest weekly changes: Florida (-14.6¢), Ohio (-12.6¢), South Carolina (-10.5¢), Arizona (+10.2¢), Maryland (-9.2¢).

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