Baltimore gas prices fall 3 cents to $3.69 a gallon, says GasBuddy

BALTIMORE, MD (WBFF) — Average gasoline prices in Baltimore have fallen 3.0 cents per gallon in the last week, averaging $3.69 per gallon today, according to GasBuddy’s survey of 663 stations in Baltimore.

Prices in Baltimore are 23.7 cents per gallon lower than a month ago but are 52.8 cents per gallon higher than a year ago.

Across the country, the national average price of gasoline has fallen 6.8 cents per gallon in the last week, averaging $3.71 per gallon.

Diesel prices also declined nationally. The national average price of diesel has decreased 11.8 cents compared to a week ago and stands at $4.758 per gallon.

Nearby areas reported higher averages than Baltimore. Washington, D.C., was at $4.04 per gallon, down 5.2 cents per gallon from last week’s $4.09 per gallon. York was at $3.93 per gallon, down 4.9 cents per gallon from last week’s $3.98 per gallon.

“Average gasoline prices fell in nearly every state over the last week, with diesel declining in all 50, pushing the national average to approximately $3.74 per gallon this July 4 — the third most expensive Independence Day on record, but well off the peak of $4.57 per gallon seen in May,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “GasBuddy is now tracking 41 states with average gasoline prices below $4 per gallon, while 37 states are seeing average diesel prices below $5. However, continued Ukrainian attacks on Russian refinery infrastructure have forced Russia to shift from fuel exporter to importer, tightening global supplies and putting upward pressure on crack spreads — explaining why pump prices haven’t fallen as sharply as oil prices might suggest. Until the refining supply picture improves, significant further drops at the pump may be limited.”