Gas prices little changed at $3.24, but expected to rise

Vermont Business Magazine Average gasoline prices in Vermont are $3.24 per gallon, up 1 cent per gallon from last week. They are up 10 cents/g from last month and down 21 cents/g from last year. The lowest price in the state yesterday was $2.93/g in Brandon, while the highest was $3.39/g, at several stations across the state.

Average gasoline prices in Burlington have risen 8.1 cents per gallon in the last week, averaging $3.27/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 6.6 cents per gallon higher than a month ago and stand 23.6 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.05/g yesterday while the most expensive was $3.39/g, a difference of 34.0 cents per gallon. 

The national average price of gasoline has risen 3 cents per gallon in the last week, averaging $3.27/g today. The national average is up 21 cents per gallon from a month ago and stands 9 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 risen 10.0 cents in the last week and stands at $4.09 per gallon.

Vermont USA Trend
Today 3.240 3.274 Prices Stable
Yesterday 3.237 3.283
One Week Ago 3.234 3.301
One Month Ago 3.149 3.061
One Year Ago 3.456 3.365
* Average Regular Gas Prices - Updated: 2.22.2024. 2:15 PM

Historical gasoline prices in Burlington and the national average going back ten years:
February 19, 2023: $3.50/g (U.S. Average: $3.37/g)
February 19, 2022: $3.67/g (U.S. Average: $3.53/g)
February 19, 2021: $2.55/g (U.S. Average: $2.61/g)
February 19, 2020: $2.64/g (U.S. Average: $2.47/g)
February 19, 2019: $2.41/g (U.S. Average: $2.36/g)
February 19, 2018: $2.66/g (U.S. Average: $2.51/g)
February 19, 2017: $2.34/g (U.S. Average: $2.27/g)
February 19, 2016: $1.94/g (U.S. Average: $1.72/g)
February 19, 2015: $2.38/g (U.S. Average: $2.27/g)
February 19, 2014: $3.53/g (U.S. Average: $3.37/g)

Neighboring areas and their current gas prices:
Albany- $3.31/g, up 5.4 cents per gallon from last week's $3.25/g.
New Hampshire- $3.11/g, up 2.5 cents per gallon from last week's $3.08/g.

"Roses are red, violets are blue, Valentine’s is over, and gas prices are going anywhere but lower," said Patrick De Haan, head of petroleum analysis at GasBuddy. "With Valentine's Day now behind us, we have officially entered the time of year when gas prices traditionally start their spring fling, but we've already seen the streak of consecutive increases in the national average hit four weeks. While the early start could also mean an early end, we still have as many as 8 weeks that gas prices typically increase, and anything can happen between now and then. One of the most critical elements to how much gas prices will climb is how quickly and effectively refiners can finish their pre-summer maintenance, start producing EPA-mandated summer gasoline and build up supply of it before Memorial Day."

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 2.19.2024. GasBuddy

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