While some areas of the country splurge high and pay low for gasoline prices at the pump, the Washington, D.C./Baltimore area remains on par with the average prices across the country, a recent study suggests. The U.S. Bureau of Labor Statistics reported that area prices for both gasoline and electricity were closer to the national average, each differing by less than 2.0 percent, according to a press release. Over the course of a year, gasoline prices in the area have risen from its August 2010 low of $2.72 per gallon to a May 2011 high of $4.03 before dipping down to its current price of $3.70.

“Obviously we know gas prices are really volatile and they’ve been increasing across the country pretty rapidly,” said Kara Markley, regional economist for the mid-Atlantic region of the Bureau of Labor Statistics.

Compared to the national average of the cost of gasoline per gallon, the D.C./Baltimore wasn’t too far off, differing by mere tenths of the average costs. According to the study, gasoline costs in the area have generally remained on similar levels with the national average for the last five years.

“It’s pretty much on par with what the U.S. has been doing as well,” Markley adds. “Gas prices in the Washington, D.C./Baltimore area have risen exactly 37.5 percent over the years and that’s since August 2010. The same gas prices in the U.S. have done roughly the same thing.”

For more information visit www.bls.gov/ro3/