Gasoline prices fall again in Vermont

Vermont Business Magazine Average gasoline prices in Vermont are $3.16 per gallon, down 1.2 cents per gallon from last week's $3.17/g. The lowest price in the state yesterday was $2.77/g while the highest was $3.39/g, a difference of 62.0 cents per gallon.

Average gasoline prices in Burlington have fallen 1.9 cents per gallon in the last week, averaging $3.23/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 7.6 cents per gallon lower than a month ago and stand 50.3 cents per gallon lower than a year ago. 

According to GasBuddy price reports, the cheapest station in Burlington was priced at $3.14/g yesterday while the most expensive was $3.29/g, a difference of 15.0 cents per gallon. 

The national average price of gasoline has risen 3.3 cents per gallon in the last week, averaging $3.16/g today. The national average is unchanged from a month ago and stands 41.8 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 declined 3.4 cents in the last week and stands at $3.57 per gallon- the lowest level since January 2022, over 900 days ago.

Historical gasoline prices in Burlington and the national average going back ten years:
October 14, 2023: $3.73/g (U.S. Average: $3.58/g)
October 14, 2022: $3.84/g (U.S. Average: $3.90/g)
October 14, 2021: $3.29/g (U.S. Average: $3.30/g)
October 14, 2020: $2.14/g (U.S. Average: $2.17/g)
October 14, 2019: $2.70/g (U.S. Average: $2.64/g)
October 14, 2018: $2.95/g (U.S. Average: $2.88/g)
October 14, 2017: $2.58/g (U.S. Average: $2.46/g)
October 14, 2016: $2.30/g (U.S. Average: $2.24/g)
October 14, 2015: $2.27/g (U.S. Average: $2.30/g)
October 14, 2014: $3.48/g (U.S. Average: $3.17/g)

Neighboring areas and their current gas prices:
Albany- $3.19/g, up 3.0 cents per gallon from last week's $3.16/g.
New Hampshire- $3.04/g, up 4.3 cents per gallon from last week's $3.00/g.

"The national average price of gasoline has returned to a slight climb over the last week as Iran's attack on Israel has slowly funneled to the gas pump, as expected. For now, while Milton has left a third of all stations in Florida without gas, the storm itself is not impacting prices, and the situation in Florida is expected to improve," said Patrick De Haan, head of petroleum analysis at GasBuddy. "With oil prices recently starting to fall again, the rise we saw could end before you know it. And with restoration happening in Florida, we could start to see a decline in gas prices in the weeks ahead, with a good chance of seeing the first sub-$3 per gallon national average since 2021."

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 10.14.2024. GasBuddy

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