Gas prices mixed as crude prices rise over Russian sanctions

Gas prices mixed as crude prices rise over Russian sanctions

Vermont Business Magazine Average gasoline prices in Vermont are $3.10 per gallon, down 4 cents per gallon from last week, down 8 cents/g from a month ago and down 7 cents/g from a year ago. 

Oil prices increased more than 5% on Thursday after the Trump administration imposed additional sanctions on Russia’s two largest crude oil companies, CNBC reported.

Prices were lowest in Bennington ($2.90/g) and Rutland ($2.98/g) counties and highest in Essex ($3.19/g), Chittenden ($3.18/g) and Grand Isle ($3.21/g), according to AAA. The lowest price in the state this week was $2.83/g while the highest was $3.29/g, a difference of 46.0 cents per gallon, according to GasBuddy

Average gasoline prices in Burlington have fallen 5.8 cents per gallon in the last week, averaging $3.16/g today, according to GasBuddy's survey of 100 stations in Burlington. Prices in Burlington are 12.1 cents per gallon lower than a month ago and stand 5.6 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 rose 2 cents per gallon in the last week to $3.07/g, after briefly dipping below $3 to $2.98/g Monday. The national average is down 10 cents per gallon from a month ago and stands 8 cents per gallon lower than a year ago, according to AAA.

The national average price of diesel has decreased 3.7 cents compared to a week ago and stands at $3.591 per gallon.

Historical gasoline prices in Burlington and the national average going back ten years:
October 20, 2024: $3.21/g (U.S. Average: $3.13/g)
October 20, 2023: $3.68/g (U.S. Average: $3.53/g)
October 20, 2022: $3.83/g (U.S. Average: $3.82/g)
October 20, 2021: $3.41/g (U.S. Average: $3.35/g)
October 20, 2020: $2.12/g (U.S. Average: $2.15/g)
October 20, 2019: $2.68/g (U.S. Average: $2.63/g)
October 20, 2018: $2.98/g (U.S. Average: $2.84/g)
October 20, 2017: $2.57/g (U.S. Average: $2.45/g)
October 20, 2016: $2.28/g (U.S. Average: $2.22/g)
October 20, 2015: $2.24/g (U.S. Average: $2.24/g)

Neighboring areas and their current gas prices:
Albany- $3.10/g, down 2.5 cents per gallon from last week's $3.13/g.
New Hampshire- $2.93/g, down 2.1 cents per gallon from last week's $2.95/g.

“Gas prices have finally fallen below $3 per gallon nationally— the earliest date we've seen a $2.99 national average since 2020, when COVID was the primary driver of low prices,” said Patrick De Haan, head of petroleum analysis at GasBuddy. “OPEC+ deserves much of the credit for this trend, having steadily raised oil production for much of 2025. Currently, 35 states have average gas prices below $2.99/gal, and GasBuddy even recorded the first $1.99 cash price at a station in Evans, Colorado, with stations in Oklahoma and Texas not far behind. Barring any major disruptions, gas prices are likely to remain slightly below year-ago levels and could stay under $3 for much of the next few months.”

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 10.23.2025. GasBuddy. AAA

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