Gasoline prices might fall, but uncertainty reigns

Gasoline prices might fall, but uncertainty reigns

Vermont Business Magazine Average gasoline prices in Vermont are $3.13 per gallon, down 1 cent per gallon from last week, down 1 cent/g from last month and down 26 cents/g from a year ago, according to AAA. The lowest price in the state this week was $2.81/g while the highest was $3.27/g, a difference of 46.0 cents per gallon. The lowest prices in the state were in Rutland ($3.01/g) and Bennington ($3.02/g) counties, while the highest were in Essex ($3.34/g), Lamoille ($3.24/g) and Grand Isle ($3.26/g) counties.

Average gasoline prices in Burlington are unchanged in the last week, averaging $3.18/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 4.4 cents per gallon lower than a month ago and stand 17.5 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.07/g yesterday while the most expensive was $3.25/g, a difference of 18.0 cents per gallon. 

The national average price of gasoline has fallen 4 cents per gallon in the last week, averaging $3.22/g today. The national average is up 14 cents per gallon from a month ago and stands 39 cents per gallon lower than a year ago, according to AAA.

The national average price of diesel has increased 3.6 cents in the last week and stands at $3.594 per gallon, according to GasBuddy.

Historical gasoline prices in Burlington and the national average going back ten years:
April 7, 2024: $3.36/g (U.S. Average: $3.57/g)
April 7, 2023: $3.40/g (U.S. Average: $3.58/g)
April 7, 2022: $4.18/g (U.S. Average: $4.14/g)
April 7, 2021: $2.80/g (U.S. Average: $2.87/g)
April 7, 2020: $2.09/g (U.S. Average: $1.89/g)
April 7, 2019: $2.65/g (U.S. Average: $2.74/g)
April 7, 2018: $2.67/g (U.S. Average: $2.66/g)
April 7, 2017: $2.37/g (U.S. Average: $2.39/g)
April 7, 2016: $2.09/g (U.S. Average: $2.04/g)
April 7, 2015: $2.51/g (U.S. Average: $2.38/g)

Neighboring areas and their current gas prices:
Albany- $3.14/g, up 0.8 cents per gallon from last week's $3.14/g.
New Hampshire- $2.86/g, up 0.4 cents per gallon from last week's $2.85/g.

"While the national average price of gasoline saw its largest weekly gain of the year (the previous week), it likely won’t last long, as oil prices have plummeted amid growing concerns about the global economy following the U.S. announcement of some of the most significant tariffs in over a century, along with OPEC+ restoring oil production faster than anticipated," said Patrick De Haan, head of petroleum analysis at GasBuddy. "In addition to falling oil prices, the stock market has dropped sharply, and the risk of a recession has increased— raising the likelihood of reduced global energy and oil demand, which is sending prices lower. As a result, motorists can expect gas prices to begin falling nearly coast-to-coast, with oil now at its lowest level since the early days of the pandemic in 2021. If tariffs aren’t scaled back soon, the national average could fall below $3 per gallon in the weeks ahead, with no clear indication of how long it might stay there as market volatility persists."

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's averages, graphs, maps and historical pricing data covering the U.S. and Canada is available 24/7 at http://prices.GasBuddy.com.

SOURCE 4.7.2025. GasBuddy. 4.10.2025. AAA

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