Maryland gas prices continue dropping over week

Average gasoline prices in Maryland have fallen 9.4 cents per gallon in the last week, averaging $3.50 per gallon today, according to GasBuddy’s survey of 2,167 stations in Maryland. Prices in Maryland are 16.1 cents per gallon lower than a month ago and stand 5.1 cents per gallon higher than a year ago. The national average price of diesel has risen 2.4 cents in the last week and stands at $3.76 per gallon.

According to GasBuddy price reports, the cheapest station in Maryland was priced at $3.09 per gallon yesterday while the most expensive was $4.49 per gallon, a difference of $1.40 per gallon.

The national average price of gasoline has risen 0.3 cents per gallon in the last week, averaging $3.41 per gallon today. The national average is down 18.8 cents per gallon from a month ago and stands 14.4 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.

Historical gasoline prices in Maryland and the national average going back 10 years:

June 24, 2023: $3.45 per gallon (U.S. Average: $3.56 per gallon)

June 24, 2022: $4.86 per gallon (U.S. Average: $4.92 per gallon)

June 24, 2021: $2.99 per gallon (U.S. Average: $3.08 per gallon)

June 24, 2020: $2.18 per gallon (U.S. Average: $2.17 per gallon)

June 24, 2019: $2.59 per gallon (U.S. Average: $2.66 per gallon)

June 24, 2018: $2.80 per gallon (U.S. Average: $2.83 per gallon)

June 24, 2017: $2.23 per gallon (U.S. Average: $2.26 per gallon)

June 24, 2016: $2.28 per gallon (U.S. Average: $2.31 per gallon)

June 24, 2015: $2.76 per gallon (U.S. Average: $2.78 per gallon)

June 24, 2014: $3.68 per gallon (U.S. Average: $3.68 per gallon)

Neighboring areas and their current gas prices:

Baltimore: $3.49 per gallon, down 12.2 cents per gallon from last week’s $3.61 per gallon.

Washington, D.C.: $3.62 per gallon, up 6.1 cents per gallon from last week’s $3.56 per gallon.

Hagerstown: $3.30 per gallon, down 6.1 cents per gallon from last week’s $3.36 per gallon.

“With summer now officially here, we’ve seen the national average price of gasoline holding most steady compared to last week, with some states seeing their traditional price cycling every couple of weeks, while others have seen prices slowly slip,” said Patrick De Haan, head of petroleum analysis at GasBuddy.

“For now, gasoline prices may see little movement ahead of July 4 as oil prices have risen above $80. But the good news is that instead of the national average jumping to follow the rising price of oil, it’s holding steady. The bummer is that the decreases we hoped for will have to wait, thanks to oil’s climb.”