Gasoline prices still trending lower

Vermont Business Magazine Average gasoline prices in Vermont fell 2 cents per gallon in the last week to $3.37/g today. Prices are down 7 cents from a month ago and down 84 cents/g from the same time last year. The cheapest price in the state is $2.99 in Middlebury and the most expensive is $3.69 in Derby.

Average gasoline prices in Burlington fell 3.6 cents per gallon in the last week, averaging $3.37/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 9.3 cents per gallon lower than a month ago and stand 86.8 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.15/g yesterday while the most expensive was $3.49/g, a difference of 34.0 cents per gallon. The lowest price in the state yesterday was $3.09/g while the highest was $3.50/g, a difference of 41.0 cents per gallon.

The national average price of gasoline has fallen 2 cents per gallon in the last week, averaging $3.39/g today. The national average is up 7 cents per gallon from a month ago and stands 84 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 5.9 cents in the last week and stands at $4.19 per gallon.

Statistics

Vermont USA Trend
Today 3.378 3.398 Prices Stable
Yesterday 3.383 3.403
One Week Ago 3.399 3.413
One Month Ago 3.440 3.325
One Year Ago 4.216 4.233
* Average Regular Gas Prices - Updated: 3.27.2023. 9:35 AM

Historical gasoline prices in Burlington and the national average going back ten years:
March 27, 2022: $4.25/g (U.S. Average: $4.23/g)
March 27, 2021: $2.81/g (U.S. Average: $2.85/g)
March 27, 2020: $2.29/g (U.S. Average: $1.99/g)
March 27, 2019: $2.65/g (U.S. Average: $2.69/g)
March 27, 2018: $2.67/g (U.S. Average: $2.63/g)
March 27, 2017: $2.28/g (U.S. Average: $2.28/g)
March 27, 2016: $2.07/g (U.S. Average: $2.04/g)
March 27, 2015: $2.53/g (U.S. Average: $2.43/g)
March 27, 2014: $3.62/g (U.S. Average: $3.53/g)
March 27, 2013: $3.71/g (U.S. Average: $3.65/g)

Neighboring areas and their current gas prices:
Albany- $3.44/g, down 1.9 cents per gallon from last week's $3.46/g.
Vermont- $3.38/g, down 3.4 cents per gallon from last week's $3.41/g.
New Hampshire- $3.20/g, down 3.7 cents per gallon from last week's $3.23/g.

"The national average price of gasoline has seen little overall change over the last week, with big decreases in states like Colorado and Ohio offset by large increases in Arizona and North Carolina. While more states saw declines than increases, any downward trends are still likely to be temporary and not necessarily long lasting," said Patrick De Haan, head of petroleum analysis at GasBuddy. "While Colorado's refinery issues are largely moving into the rearview mirror, challenges making the transition to summer gasoline in Arizona are leading to tight supply and accelerating prices. Motorists in some areas may be on the receiving end of good news, while others may not as we hit the second half of refinery maintenance season. You never know what the closing moments will look like, and motorists could be in for a dramatic ride if issues develop."

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 3.27.2023. http://www.vermontgasprices.com/