Vermont gasoline prices edge below US average

Vermont Business Magazine Average gasoline prices in Vermont continue to fall and now are below the national average. Prices today in Vermont stand at an average of $3.66 per gallon, down 9 cents in the last week, down 43 cents in the last month and are 56 cents above last year's average price. Nationally, the average is $3.71/g, which is down 6 cents from last week, down 11 cents from last month and 47 cents higher than last year. Until this week, local prices were higher than the national average by upwards of 40 cents. Vermont and US prices were running about the same before the summer.

In Vermont, the lowest price is $3.19 in West Dover and the highest is $4.09 in Northfield.

Statistics

Vermont USA Trend
Today 3.660 3.713 Prices Falling
Yesterday 3.669 3.723
One Week Ago 3.751 3.659
One Month Ago 4.093 3.828
One Year Ago 3.109 3.183
* Average Regular Gas Prices - Updated: 9.29.2022. 12:35 PM

Meanwhile average gasoline prices in Burlington have fallen 12.1 cents per gallon in the last week, averaging $3.75/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 40.9 cents per gallon lower than a month ago and stand 61.4 cents per gallon higher than a year ago. The national average price of diesel has declined 5.1 cents in the last week and stands at $4.88 per gallon.

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.59/g yesterday while the most expensive was $3.79/g, a difference of 20.0 cents per gallon. The lowest price in the state yesterday was $3.31/g while the highest was $4.09/g, a difference of 78.0 cents per gallon.

The national average price of gasoline has risen 3.2 cents per gallon in the last week, averaging $3.67/g today. The national average is down 17.5 cents per gallon from a month ago and stands 49.3 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.

Historical gasoline prices in Burlington and the national average going back ten years:
September 26, 2021: $3.13/g (U.S. Average: $3.17/g)
September 26, 2020: $2.16/g (U.S. Average: $2.19/g)
September 26, 2019: $2.75/g (U.S. Average: $2.65/g)
September 26, 2018: $2.96/g (U.S. Average: $2.87/g)
September 26, 2017: $2.69/g (U.S. Average: $2.56/g)
September 26, 2016: $2.22/g (U.S. Average: $2.20/g)
September 26, 2015: $2.31/g (U.S. Average: $2.28/g)
September 26, 2014: $3.56/g (U.S. Average: $3.34/g)
September 26, 2013: $3.69/g (U.S. Average: $3.42/g)
September 26, 2012: $3.96/g (U.S. Average: $3.80/g)

Neighboring areas and their current gas prices:
Albany- $3.68/g, down 11.5 cents per gallon from last week's $3.79/g.
New Hampshire- $3.48/g, down 10.2 cents per gallon from last week's $3.58/g.

"One of the longest gas price declines on record has finally come to an end after 14 weeks, with gas prices shooting up in several regions amidst myriad refinery issues from the West Coast to the Great Lakes and in between," said Patrick De Haan, head of petroleum analysis at GasBuddy. "I don't know that I've ever seen a wider gamut of price behaviors coast to coast in my career. A slew of unexpected refinery disruptions, including fires and routine maintenance, have seemingly all happened in a short span of time, causing wholesale gas prices to spike in areas of the West Coast, Great Lakes and Plains states - and some of those areas could see prices spike another 25-75 cents per gallon or more until issues are worked out. In addition, as Tropical Storm Ian nears the U.S. coast, some refiners could see limited disruption. As a precaution, GasBuddy has activated its Fuel Availability Tracker for motorists in Florida, Georgia, Alabama and South Carolina. Hopefully, disruptions will be very limited due to Ian, but there remain many factors driving prices both up and down across the country."

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 9.29.2022. GasBuddy http://www.vermontgasprices.com/