Vermont gasoline prices to keep rising, over $4.30 now

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Vermont gasoline prices to keep rising, over $4.30 now

Thu, 03/10/2022 - 4:00pm -- tim

Vermont Business Magazine Average gasoline prices in Vermont rose to $4.34 per gallon today, according to national tracking service GasBuddy.com. This is an increase of 52 cents from last week, 80 cents from last month and $1.63 from last year. The national average is $4.33, up 57 cents since last week, up $85 from last month and up $1.51 since last year.

The only price under $4 was $3.99 reported in Orleans. The highest price recorded was $5.19 in Johnson.

Vermont USA Trend
Today 4.340 4.332 Prices Rising
Yesterday 4.321 4.320
One Week Ago 3.824 3.766
One Month Ago 3.543 3.480
One Year Ago 2.717 2.828
* Average Regular Gas Prices - Updated: 3.10.2022. 3:35 PM

Meanwhile, as of Monday, average gasoline prices in Burlington have risen 35.5 cents per gallon in the last week, averaging $4.03/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 47.3 cents per gallon higher than a month ago and stand $1.34/g higher than a year ago.

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.95/g yesterday while the most expensive was $4.29/g, a difference of 34.0 cents per gallon. The lowest price in the state yesterday was $3.80/g while the highest was $4.39/g, a difference of 59.0 cents per gallon.

The national average price of gasoline has risen 46.5 cents per gallon in the last week, averaging $4.06/g today. The national average is up 61.1 cents per gallon from a month ago and stands $1.29/g higher 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 Burlington and the national average going back ten years:
March 7, 2021: $2.69/g (U.S. Average: $2.77/g)
March 7, 2020: $2.59/g (U.S. Average: $2.37/g)
March 7, 2019: $2.46/g (U.S. Average: $2.46/g)
March 7, 2018: $2.59/g (U.S. Average: $2.53/g)
March 7, 2017: $2.30/g (U.S. Average: $2.30/g)
March 7, 2016: $1.87/g (U.S. Average: $1.81/g)
March 7, 2015: $2.57/g (U.S. Average: $2.46/g)
March 7, 2014: $3.61/g (U.S. Average: $3.49/g)
March 7, 2013: $3.85/g (U.S. Average: $3.72/g)
March 7, 2012: $3.81/g (U.S. Average: $3.76/g)

Neighboring areas and their current gas prices as of March 7:
Albany- $4.24/g, up 43.0 cents per gallon from last week's $3.81/g.
New Hampshire- $4.08/g, up 53.7 cents per gallon from last week's $3.54/g.

“There are few words to describe the unprecedented rise in gasoline prices over the last week, with massive spikes coast to coast in both gasoline and diesel prices, as oil prices jump to their highest since 2008. Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50/gal. California could be heading for $5.50 per gallon with more stations charging $6 and beyond," said Patrick De Haan, head of petroleum analysis at GasBuddy. "We've never been in this situation before, with this level of uncertainty. As we lose a major global producer under the weight of deserving bipartisan sanctions for invading a sovereign country, the cost is high. Americans will be feeling the pain of the rise in prices for quite some time, with little good news foreseen."

GasBuddy is the authoritative voice for gas prices and the only source for station-level data spanning nearly two decades. Unlike AAA's once daily survey and the Lundberg Survey, updated once every two weeks based on a small fraction of U.S. gasoline stations, 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 data is accessible at http://prices.GasBuddy.com.

SOURCE GasBuddy http://www.vermontgasprices.com/