Baltimore Gas Prices Dip Slightly, But Still Higher Than A Year Ago, GasBuddy Says

By FOX45
Posted on 01/13/25 | News Source: FOX45

Baltimore, MD - Jan. 13, 2025 -  GasBuddy's survey of Baltimore gas stations reveals that average prices have fallen 3.1 cents per gallon in the last week, averaging $3.09 per gallon on Monday.

According to GasBuddy, prices in Baltimore are 20.8 cents per gallon higher than a month ago and 6.2 cents higher than a year ago. The national average diesel price has risen 3.7 cents in the last week and stands at 3.525 per gallon.

The national average gas price has fallen 1.1 cents per gallon in the last week, averaging $3.02 per gallon today. The national average is up 0.9 cents per gallon from a month ago and stands 3.2 cents per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.

"It's been a relatively quiet week for the national average price of gasoline, with little overall movement. However, colder weather has pushed diesel prices higher and could also impact gasoline prices if refiners face disruptions," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While gas prices haven't shifted significantly yet, oil prices have climbed to their highest level since October, driven by President Biden's new sanctions on so-called dark vessels, which have slowed countries like Iran's ability to sell oil. This could soon lead to more noticeable increases in gas prices. Seasonally weak demand may help soften the impact of any increases for now, but with refinery maintenance season just weeks away—when refiners typically reduce gasoline production—motorists should be prepared for the spring rally to kick off."