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National Price of Gasoline Cheaper Today than One Year Ago; 23 States Seeing Same Trend

Gas-Prices

At $2.35, today’s national gas price average is two (2) cents less than the price on this day one year ago. On June 9, 2016, the national gas price was $2.37. This is the first time in 204 days that the national gasoline price has dipped below year-ago levels. Many factors play into the price at the pump, but the common denominator for last June and the current month is crude oil. WTI settled as low as $49.07 bbl and as high as $51.23 bbl in the June 6-10 week in 2016. Today, the price per barrel of crude opened around $45 bbl, despite the high for 2017 in April at $53.76.

 

  • New Hampshire’s average current price is $2.29 per gallon, which is 2 cents lower than one week ago and 1 cent higher than one year ago.
     
  • Vermont’s average current price is $2.39 per gallon, which is the same as one week ago, and 4 cents higher than one year ago.
     
  • Maine’s current price is $2.34 per gallon, which is 2 cents lower than one week ago and 4 cents lower than one year ago.
     
  • Massachusetts current price is $2.35 per gallon, which is 2 cents lower than one week ago and 3 cents higher than one year ago.
     

“The record level of gasoline production the US has seen throughout the year will continue to have downward pressure on prices – even as demand grows during the summer driving season, said Dan Goodman, manager of public affairs for AAA Northern New England.  For motorists, these prices are a huge win,” continued Goodman.


Motorists can find current gas prices along their route with the free AAA Mobile app for iPhone, iPad, and Android. The app can also be used to map a route, find discounts, book a hotel, and access AAA roadside assistance. Learn more at AAA.com/mobile.

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AAA Northern New England is a member club affiliated with the American Automobile Association (AAA) national federation and serves members in Maine, New Hampshire, and Vermont.