Gas prices jumped 9 cents in Maryland last week

Average gasoline prices in Maryland have risen 9.1 cents per gallon in the last week, averaging $2.99 per gallon today, according to GasBuddy’s survey of 2,167 stations in Maryland. Prices in Maryland are 9.9 cents per gallon lower than a month ago and stand 50.8 cents per gallon lower than a year ago. The national average price of diesel has decreased 5.0 cents in the last week and stands at $3.558 per gallon.

According to GasBuddy price reports, the cheapest station in Maryland was priced at $2.67per gallon Sunday while the most expensive was $3.59 per gallon, a difference of 92.0 cents per gallon. The lowest price in the state yesterday was $2.67per gallon while the highest was $3.59per gallon, a difference of 92.0 cents per gallon.

The national average price of gasoline has fallen 1.3 cents per gallon in the last week, averaging $3.02 per gallon Monday. The national average is down 10.6 cents per gallon from a month ago and stands 42.4 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:

• March 17, 2024: $3.50 per gallon (U.S. Average: $3.44 per gallon)
• March 17, 2023: $3.29 per gallon (U.S. Average: $3.43 per gallon)
• March 17, 2022: $4.18 per gallon (U.S. Average: $4.28 per gallon)
• March 17, 2021: $2.84 per gallon (U.S. Average: $2.88 per gallon)
• March 17, 2020: $2.22 per gallon (U.S. Average: $2.19 per gallon)
• March 17, 2019: $2.56 per gallon (U.S. Average: $2.54 per gallon)
• March 17, 2018: $2.54 per gallon (U.S. Average: $2.54 per gallon)
• March 17, 2017: $2.30 per gallon (U.S. Average: $2.29 per gallon)
• March 17, 2016: $1.97 per gallon (U.S. Average: $1.96 per gallon)
• March 17, 2015: $2.43 per gallon (U.S. Average: $2.41 per gallon)

Neighboring areas and their current gas prices:

• Baltimore: $2.97 per gallon, up 13.8 cents per gallon from last week’s $2.83 per gallon.
• Washington, D.C.: $3.14 per gallon, down 3.2 cents per gallon from last week’s $3.17 per gallon.
• Hagerstown: $2.82 per gallon, down 9.5 cents per gallon from last week’s $2.91 per gallon.

“As concerns over tariffs and policy uncertainties grow, gas prices have continued to decline across much of the country, raising the possibility that the national average could slip below $3 per gallon and approach some of the lowest prices seen in years,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “However, this decline shouldn’t necessarily be celebrated, as it comes with strong warning signs. When the economy slows, gasoline demand drops— along with demand for other refined products like diesel and jet fuel. We’ve already seen some signals that the months ahead could be challenging. All of this suggests that gas prices are likely to remain low for now. However, if economic conditions improve, gas prices could eventually follow suit and start rising again.”

GasBuddy is the authoritative voice for gas prices and the only source for station-level data. GasBuddy’s survey updates 288 times every day from the most diverse list of sources covering nearly 150,000 stations nationwide, the most comprehensive and up-to-date in the country. GasBuddy’s averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.