Maryland gas prices drop 9 cents over past week

Average gasoline prices in Maryland have fallen 9.0 cents per gallon in the last week, averaging $3.48 per gallon Monday, according to GasBuddy’s survey of 2,167 stations in Maryland. Prices in Maryland are 3.5 cents per gallon lower than a month ago and stand 9.6 cents per gallon lower than a year ago. The national average price of diesel has fallen 4.0 cents in the last week and stands at $3.79 per gallon.

According to GasBuddy price reports, the cheapest station in Maryland was priced at $3.15 per gallon Sunday while the most expensive was $4.29 per gallon, a difference of $1.14 per gallon.

The national average price of gasoline has fallen 1.9 cents per gallon in the last week, averaging $3.47 per gallon today. The national average is up 3.5 cents per gallon from a month ago and stands 9.9 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:

July 22, 2023: $3.57 per gallon (U.S. Average: $3.57 per gallon)July 22, 2022: $4.33 per gallon (U.S. Average: $4.38 per gallon)July 22, 2021: $3.03 per gallon (U.S. Average: $3.15 per gallon)July 22, 2020: $2.26 per gallon (U.S. Average: $2.19 per gallon)July 22, 2019: $2.69 per gallon (U.S. Average: $2.75 per gallon)July 22, 2018: $2.82 per gallon (U.S. Average: $2.82 per gallon)July 22, 2017: $2.27 per gallon (U.S. Average: $2.28 per gallon)July 22, 2016: $2.15 per gallon (U.S. Average: $2.17 per gallon)July 22, 2015: $2.70 per gallon (U.S. Average: $2.75 per gallon)July 22, 2014: $3.59 per gallon (U.S. Average: $3.56 per gallon)

Neighboring areas and their current gas prices:

Baltimore: $3.44 per gallon, down 10.4 cents per gallon from last week’s $3.55 per gallon.Washington, D.C.: $3.66 per gallon, up 2.4 cents per gallon from last week’s $3.64 per gallon.Hagerstown: $3.48 per gallon, down 8.0 cents per gallon from last week’s $3.56 per gallon.

“Most of the country has seen a reprieve from rising gasoline prices, thanks to weaker-than-expected gasoline demand, building supplies and a quiet period in the tropics,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “While a good portion of the nation saw average gas prices decline, severe weather completely knocked out power to a major refinery outside Chicago early last week, immediately impacting gasoline supplies to Illinois, Wisconsin, Indiana and Michigan, and pushing prices up considerably. We’ve often said how critical refineries are, and with a long power outage, we’re seeing the impact very quickly, but relief will eventually arrive. For now, as we approach the end of summer vacations, I’m hopeful gas prices will continue to edge slightly lower in the week ahead.”