Gasoline prices hold steady despite oil production cuts

Vermont Business Magazine Average gasoline prices in Vermont rose 1 cent in the last week to $3.79 per gallon. Gas is down 1 cent/g from last month and 12 cents/g from a year ago. The lowest price in the state yesterday was $3.55/g in Middlebury and Ludlow, while the highest was $3.89/g at several stations in the north and northwest part of the state.

Average gasoline prices in Burlington have risen 1 cent per gallon in the last week, averaging $3.84/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 2.1 cents per gallon higher than a month ago and stand 7.3 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.69/g this week while the most expensive was $3.89/g, a difference of 20.0 cents per gallon. 

The national average price of gasoline has fallen 2 cents per gallon in the last week, averaging $3.77/g today. The national average is down 4 cents per gallon from a month ago and stands 3 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 risen 9.6 cents in the last week and stands at $4.435 per gallon.


Vermont USA Trend
Today 3.792 3.778 Prices Stable
Yesterday 3.796 3.784
One Week Ago 3.780 3.796
One Month Ago 3.808 3.818
One Year Ago 3.910 3.741
* Average Regular Gas Prices - Updated: 9.7.2023. 1:55 PM

Historical gasoline prices in Burlington and the national average going back ten years:
September 5, 2022: $3.91/g (U.S. Average: $3.75/g)
September 5, 2021: $3.13/g (U.S. Average: $3.18/g)
September 5, 2020: $2.19/g (U.S. Average: $2.21/g)
September 5, 2019: $2.75/g (U.S. Average: $2.57/g)
September 5, 2018: $2.96/g (U.S. Average: $2.85/g)
September 5, 2017: $2.77/g (U.S. Average: $2.65/g)
September 5, 2016: $2.25/g (U.S. Average: $2.19/g)
September 5, 2015: $2.41/g (U.S. Average: $2.41/g)
September 5, 2014: $3.62/g (U.S. Average: $3.43/g)
September 5, 2013: $3.75/g (U.S. Average: $3.56/g)

Neighboring areas and their current gas prices:
Albany- $3.91/g, down 1.1 cents per gallon from last week's $3.92/g.
New Hampshire- $3.70/g, up 0.5 cents per gallon from last week's $3.69/g.

"The national average fell to its lowest level since July ahead of Labor Day, even as oil prices rose last week to the highest level since last November,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “In addition, Hurricane Idalia steered well clear of significant energy infrastructure, leading to zero impact to gas prices. With the switch back to winter gasoline less than two weeks away, we could eventually see more downward pressure on gas prices. However, any disturbances that threaten the Gulf could delay any decline between now and then, creating a bit of a bumpy ride for the next week or two before more relief arrives toward late September."

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

SOURCE 9.7.2023. GasBuddy