Baltimore, MD - June 17, 2024 - Gas prices in Baltimore have risen 10.4 cents per gallon in the last week, averaging $3.61 a gallon, according to GasBuddy's new survey.
Prices in Baltimore are 9.5 cents per gallon higher than a month ago and stand 21.5 cents per gallon higher than a year ago.
The national average price of diesel has fallen 1.6 cents in the last week and stands at $3.73 per gallon.
"Since the national average price of gasoline fell to its lowest June level since 2021 last week, we've seen the drop in prices take a break, with some states seeing a small rise over the last week. Thankfully, I expect this to be more like a short timeout, with an eventual return to falling gasoline prices in most states," said Patrick De Haan, head of petroleum analysis at GasBuddy. "The decline in diesel prices continues, with the national average price of diesel now at its lowest level since January 2022. Both gasoline and diesel prices remain below their year-ago level, which is music to the ears of the Federal Reserve, as fuel prices are a significant component of the Consumer Price Index. Also factoring in gasoline demand that has been running a bit weaker than expected, market fundamentals look pretty good right now if you're a motorist."
According to GasBuddy price reports, the cheapest station in Baltimore was priced at $3.06 a gallon yesterday while the most expensive was $3.99 a gallon.
The lowest price in the state yesterday was $3.05/g while the highest was $4.29/g, a difference of $1.24 a gallon.
The national average price of gasoline has risen 1 cent per gallon in the last week, averaging $3.41 a gallon today.
The national average is down 18.0 cents per gallon from a month ago and stands 13.8 cents per gallon lower than a year ago, according to GasBuddy data.