Gasoline prices rise in Vermont and US, could be temporary

Vermont Business Magazine Average gasoline prices in Vermont over the Memorial Day weekend were Vermont- $3.55/g, up 7.3 cents per gallon from last week's $3.47/g. The lowest price in the state yesterday was $3.39/g while the highest was $3.79/g, a difference of 40.0 cents per gallon.

Average gasoline prices in Burlington have risen 8.4 cents per gallon in the last week, averaging $3.58/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 2.9 cents per gallon higher than a month ago and stand 118.8 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.45/g yesterday while the most expensive was $3.65/g, a difference of 20.0 cents per gallon. 

The national average price of gasoline has risen 2.7 cents per gallon in the last week, averaging $3.55/g today. The national average is down 3.2 cents per gallon from a month ago and stands 105.5 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 4.9 cents in the last week and stands at $3.91 per gallon.

Historical gasoline prices in Burlington and the national average going back ten years:
May 30, 2022: $4.77/g (U.S. Average: $4.60/g)
May 30, 2021: $2.96/g (U.S. Average: $3.04/g)
May 30, 2020: $1.95/g (U.S. Average: $1.97/g)
May 30, 2019: $2.84/g (U.S. Average: $2.83/g)
May 30, 2018: $2.99/g (U.S. Average: $2.96/g)
May 30, 2017: $2.46/g (U.S. Average: $2.37/g)
May 30, 2016: $2.36/g (U.S. Average: $2.32/g)
May 30, 2015: $2.71/g (U.S. Average: $2.73/g)
May 30, 2014: $3.74/g (U.S. Average: $3.67/g)
May 30, 2013: $3.59/g (U.S. Average: $3.61/g)

Neighboring areas and their current gas prices:
Albany- $3.71/g, up 4.4 cents per gallon from last week's $3.67/g.
New Hampshire- $3.46/g, up 10.5 cents per gallon from last week's $3.35/g.

"Gasoline prices have drifted higher in the last week due to some relatively minor refinery kinks and low gasoline supply, but it may not be a trend that lasts too much longer," said Patrick De Haan, head of petroleum analysis at GasBuddy. "As we unofficially start the summer driving season, the national average is likely to spend much of the summer in the range of $3.35-$3.85 per gallon, though it could go higher if unexpected refinery outages flare up, or we see a major hurricane or economic development. While gasoline prices have inched up slightly, we're still faring much better than we did last year, when the national average started to soar after Memorial Day on its way up to the $5 per gallon mark. In addition, gas prices may temporarily rally if there's a debt ceiling deal that passes through Congress in the weeks ahead, based on the optimism that such a deal could avert a major recession, keeping oil demand stronger this summer."

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