Vermont gasoline prices high but stable

Vermont Business Magazine Average gasoline prices in Vermont rose 9 cents since last week to $3.90 per gallon. They're up 27 cents from last month and up 50 cents from this time last year. The lowest price in Vermont was $3.35/g in Brattleboro and the highest price was $4.19 in West Burke.

Vermont gas prices had been tracking below the national average in October but have surged higher in the last week.

Meanwhile, as of October 31, average gasoline prices in Burlington have risen 11.7 cents per gallon in the last week, averaging $3.92/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 24.6 cents per gallon higher than a month ago and stand 48.2 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.49/g yesterday while the most expensive was $4.09/g, a difference of 60.0 cents per gallon.

The national average price of gasoline is unchanged in the last week, averaging $3.75/g today. The national average is down 4 cents per gallon from a month ago and stands 35 cents per gallon 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.

The national average price of diesel has declined 2.39 cents in the last week and stands at $5.28 per gallon.

Statistics

Vermont USA Trend
Today 3.909 3.758 Prices Falling
Yesterday 3.917 3.758
One Week Ago 3.810 3.758
One Month Ago 3.638 3.797
One Year Ago 3.408 3.409
* Average Regular Gas Prices - Updated: 11.3.2022. 11:55 AM

Historical gasoline prices in Burlington and the national average going back ten years:
October 31, 2021: $3.44/g (U.S. Average: $3.38/g)
October 31, 2020: $2.11/g (U.S. Average: $2.11/g)
October 31, 2019: $2.70/g (U.S. Average: $2.61/g)
October 31, 2018: $2.94/g (U.S. Average: $2.77/g)
October 31, 2017: $2.56/g (U.S. Average: $2.48/g)
October 31, 2016: $2.31/g (U.S. Average: $2.20/g)
October 31, 2015: $2.21/g (U.S. Average: $2.17/g)
October 31, 2014: $3.30/g (U.S. Average: $2.99/g)
October 31, 2013: $3.47/g (U.S. Average: $3.27/g)
October 31, 2012: $3.83/g (U.S. Average: $3.51/g)

Neighboring areas and their current gas prices:
Albany- $3.86/g, up 14.1 cents per gallon from last week's $3.72/g.
Vermont- $3.90/g, up 15.1 cents per gallon from last week's $3.76/g.
New Hampshire- $3.66/g, up 19.5 cents per gallon from last week's $3.47/g.

"For the third consecutive week, we've seen the national average price of gasoline decline, and while it's good news for most regions with a continued drop in prices, the Northeast is bucking the trend and seeing a noticeable jump due to tight supply," said Patrick De Haan, head of petroleum analysis at GasBuddy. "The national average is closing in on the previous low from September, which was interrupted when refinery issues caused prices to skyrocket in the West and Great Lakes. With those issues addressed, the West has seen prices plummet, including a nearly 90 cent per gallon decline in California in less than a month. Compare that to the Northeast, where prices have jumped some 10-25 cents per gallon, demonstrating there's much regionality to current gasoline price trends. Add in diesel prices that remain high amidst extremely tight supply, and there's definitely some challenges that lie ahead."

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 data is accessible at http://prices.GasBuddy.com.

SOURCE GasBuddy 11.3.2022. http://www.vermontgasprices.com/