BALTIMORE, MD—The national average price of gasoline remained unchanged at $3.10 per gallon this week, according to GasBuddy. This price is 3.8 cents lower than last month and 52.6 cents lower than last year. The national average diesel price decreased 2.0 cents to $3.499 per gallon last week.
While the national average remains steady, prices across the country varied, with roughly half of the states experiencing price declines and the other half seeing increases. Patrick De Haan, head of petroleum analysis at GasBuddy, attributes this trend to fluctuating oil prices, which have been hovering in the low $60s per barrel.
De Haan predicts that the national average will likely fluctuate between $3.10 and $3.20 per gallon in the coming week, with some states seeing slight price decreases and others experiencing increases.
Oil prices, which have a significant impact on gas prices, have been influenced by several factors, including potential trade deals with Iran, a potential ceasefire in Ukraine, and OPEC’s oil production decisions. Despite early April’s drop to the mid-$50s following the implementation of tariffs, oil prices have rebounded as Trump moved to pause most tariffs.
This week, WTI crude oil dropped 21 cents to $62.81 per barrel, down from last Monday’s start at $63.04. Brent crude was also down 21 cents to $66.66 per barrel in early trade, up from last week’s $66.40 per barrel trade.
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
Do you value local journalism? Support NottinghamMD.com today.