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Gasoline Prices Climb to $3.12

Gas Prices in Vermont: A Mixed Bag Ahead of Thanksgiving

Vermont’s average gasoline prices have seen a slight increase, now standing at $3.12 per gallon, a rise of 2 cents from last week, according to the American Automobile Association (AAA). However, prices are down 4 cents compared to last month and significantly lower by 34 cents from last year. The state’s lowest gasoline price this week was reported at $2.79 per gallon, while the highest reached $3.29, marking a 50-cent difference across various counties. Bennington and Rutland counties reported the lowest prices, in contrast to Washington, Lamoille, and Franklin counties, which saw higher rates.

In Burlington, average gas prices increased slightly, with recent figures indicating an average of $3.17 per gallon according to a GasBuddy survey. Despite this week’s rise, Burlington’s prices have dipped by 6.9 cents over the past month and are 29 cents lower than a year ago. The price variations within Burlington ranged from $3.08 at the cheapest station to $3.29 at the highest.

On a national scale, gasoline prices have also increased marginally, now averaging $3.07 per gallon, while diesel prices saw a minor decline to $3.503 per gallon. With Thanksgiving approaching, trends show a possible descent toward the coveted $2.99 per gallon average, experienced recently in 32 states.

Patrick De Haan from GasBuddy notes that geopolitical tensions and oil price fluctuations could hinder this drop. As consumers gear up for holiday travels, they are experiencing the lowest national averages since 2021, amidst a more favorable economic climate. GasBuddy continues to provide up-to-date pricing data from approximately 150,000 stations across North America, ensuring that drivers remain informed about fuel prices as they make holiday plans.

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Photo credit vermontbiz.com

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