Vermont gasoline prices fall under $3.40

Vermont Business Magazine Average gasoline prices in Vermont is $3.38 per gallon. This is 5 cents/g lower than last week, 16 cents lower than last month and 20 cents lower than this time last year. The lowest price in the state yesterday was $3.13/g while the highest was $3.59/g, a difference of 46.0 cents per gallon.

Average gasoline prices in Burlington have fallen 1.8 cents per gallon in the last week, averaging $3.44/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 15.0 cents per gallon lower than a month ago and stand 19.0 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.19/g yesterday while the most expensive was $3.59/g, a difference of 40.0 cents per gallon. 

The national average price of gasoline has fallen 9.6 cents per gallon in the last week, averaging $3.11/g today. The national average is down 23.7 cents per gallon from a month ago and stands 10.1 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.

The national average price of diesel has fallen 8.4 cents in the last week and stands at $4.10 per gallon.

Historical gasoline prices in Burlington and the national average going back ten years:
December 11, 2022: $3.63/g (U.S. Average: $3.21/g)
December 11, 2021: $3.39/g (U.S. Average: $3.34/g)
December 11, 2020: $2.19/g (U.S. Average: $2.17/g)
December 11, 2019: $2.69/g (U.S. Average: $2.58/g)
December 11, 2018: $2.70/g (U.S. Average: $2.41/g)
December 11, 2017: $2.48/g (U.S. Average: $2.45/g)
December 11, 2016: $2.29/g (U.S. Average: $2.21/g)
December 11, 2015: $2.20/g (U.S. Average: $2.01/g)
December 11, 2014: $3.04/g (U.S. Average: $2.61/g)
December 11, 2013: $3.55/g (U.S. Average: $3.24/g)

Neighboring areas and their current gas prices:
Albany- $3.40/g, down 5.3 cents per gallon from last week's $3.46/g.
Vermont- $3.39/g, down 2.9 cents per gallon from last week's $3.42/g.
New Hampshire- $3.18/g, down 4.0 cents per gallon from last week's $3.22/g.

"For the 12th straight week, or three straight months, the national average has continued to decline, now at its lowest level of 2023 heading into the prime of the holiday season as oil prices continue to struggle amidst cooling demand," said Patrick De Haan, head of petroleum analysis at GasBuddy. "With nearly 80,000 gas stations in the U.S. now priced below $3 per gallon, and 23 states also seeing average prices of $2.99 or less, motorists are getting substantial relief at the pump in time for the holidays. The trend is likely to continue in most states this week, while the national average could soon fall below $3.05 per gallon, the lowest since 2021. The good news may continue into 2024, with GasBuddy's annual Fuel Outlook being released in just a few weeks."

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. 12.11.2023.
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