Baltimore Gas Prices Rise 16 Cents, Still Cheaper Than Last Month, GasBuddy Reports

By FOX45
Posted on 05/28/24 | News Source: FOX45

Baltimore, MD - May 28, 2024  - Gas prices in Baltimore have risen 16.1 cents per gallon in the past week, averaging $3.66 a gallon as of today, according to GasBuddy's recent survey.

Prices in Baltimore are 4.2 cents per gallon lower than a month ago and stand 18.1 cents per gallon higher than a year ago, new data shows.

The national average price of diesel has fallen 2.9 cents in the last week and stands at $3.82 per gallon, according to GasBuddy.

"With the summer driving season now underway, average gas prices have seen ups in some areas and downs in others. Most states are seeing prices slightly below their 2024 peak thus far, with some refinery issues in the Great Lakes weighing on prices there, while other areas, like the West Coast, have seen notable relief with more coming," said Patrick De Haan, head of petroleum analysis at GasBuddy. "June tends to be a month of smooth sailing, where we see gas prices decline in most areas, and that's a trend that looks the most likely for drivers, barring unexpected refinery snags or a tropical storm developing. The national average over Memorial Day was down ever so slightly compared to last year—after adjusting for inflation, prices were down about 10 cents per gallon. Not a terrible way to kick off summer!"

According to GasBuddy price reports, the cheapest station in Baltimore was priced at $3.18 per gallon yesterday.

The lowest price in the state yesterday was $3.18/g while the highest was $4.29 per gallon.

The national average price of gasoline has risen 1.2 cents per gallon in the last week, averaging $3.56 a gallon today.

The national average is down 6.5 cents per gallon from a month ago and stands 1.2 cents per gallon higher than a year ago, according to GasBuddy data.