It’s been a good summer so far for drivers across Northern New England when it comes to fuel prices. As of today, New Hampshire has the lowest average gasoline price in New England at $2.99 per gallon. Both Maine and Vermont are averaging $3.09.
With about a month remaining before Labor Day, the national average for gasoline is $3.14—a price point not seen since July 2021.
According to new data from the U.S. Energy Information Administration (EIA):
- Gasoline demand rose from 8.96 million barrels per day (b/d) last week to 9.15 million b/d.
- Total domestic gasoline supply fell from 231.1 million barrels to 228.4 million barrels.
- Gasoline production increased last week, averaging 10 million b/d.
In crude oil markets, West Texas Intermediate (WTI) rose 79 cents at the close of Wednesday’s formal trading session, settling at $70 per barrel. Meanwhile, U.S. crude oil inventories increased by 7.7 million barrels, bringing the total to 426.7 million barrels—about 6% below the five-year average for this time of year.
Dan Goodman, Manager of Public Affairs & Traffic Safety for AAA Northern New England, noted that while oil prices have experienced slight fluctuations, they have not significantly impacted prices at the pump.
“It’s all good news for drivers so far,” Goodman said. “Gas prices have remained steady even as summer demand picks up.”
Want Better Gas Mileage? AAA Recommends These Simple Tips:
- Follow your car’s maintenance schedule. Regular servicing ensures peak performance, fuel efficiency, and vehicle longevity.
- Address warning lights quickly. A “Check Engine” light may indicate a problem that reduces fuel economy and increases emissions.
- Keep your tires properly inflated. Underinflated tires reduce gas mileage, wear out faster, and pose safety risks like blowouts.
- Drive smoothly. Avoid sudden acceleration and “jackrabbit” starts, which significantly increase fuel consumption.
- Limit engine idling. Even in winter, extended idling wastes fuel and isn’t necessary. Turn off your engine if stopped for more than a minute.
- Use stop-start features. Many newer vehicles automatically shut off the engine at stops to save fuel—take advantage of this technology.