BALTIMORE, MD (WBFF) — Drivers are paying noticeably more at the pump this week, with average gas prices jumping 17 cents in the last seven days.
Average gas prices in Baltimore have risen 17.0 cents per gallon in the last week, averaging $3.86 per gallon, according to GasBuddy’s survey of 663 stations in Baltimore. Prices in Baltimore are 11.6 cents per gallon higher than a month ago and stand 71.4 cents per gallon higher than a year ago.
Prices varied widely across the city. According to GasBuddy price reports, the cheapest station in Baltimore was priced at $3.49 per gallon yesterday while the most expensive was $4.97 per gallon, a difference of $1.48 per gallon.
Nationally, the average price of gasoline has risen 10.3 cents per gallon in the last week, averaging $3.82 per gallon. The national average price of diesel has increased 9.6 cents compared to a week ago and stands at $4.854 per gallon.
Nearby areas also saw mixed movement, according to GasBuddy. Maryland averaged $3.85 per gallon, up 17.7 cents per gallon from last week’s $3.68 per gallon. Washington, D.C., averaged $4.04 per gallon, up 0.5 cents per gallon from last week’s $4.04 per gallon. York averaged $3.89 per gallon, down 4.5 cents per gallon from last week’s $3.93 per gallon.
“The national average price of gasoline has seen its first weekly increase since May 11, snapping a streak of eight straight weekly declines, with prices climbing in nearly four out of five states,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “The turnaround comes as oil prices have surged following the collapse of the ceasefire between the U.S. and Iran and the start of new attacks, with oil jumping another 4% in Sunday evening trading, an ominous sign that could bring additional gas and diesel price increases in the week ahead. While the pace of increases doesn’t yet appear likely to match what motorists experienced in March and April, fresh Ukrainian attacks on additional Russian refineries will only add to the pressure, keeping supplies of refined products tight even as the situation remains fluid.”
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