Gas prices at lowest point all year

NEW HAMPSHIRE — Gasoline prices in New Hampshire have fallen 4.2 cents per gallon in the past week, averaging $2.49 per gallon yesterday, according to GasBuddy’s daily survey of 875 stations in New Hampshire. This compares with the national average that has fallen 2.7 cents per gallon versus last week to $2.41 per gallon, according to GasBuddy.

Average gasoline prices on Dec. 10 in New Hampshire have ranged widely over the last five years

$2.46 per gallon in 2017, $2.19 per gallon in 2016, $2.05 per gallon in 2015, $2.72 per gallon in 2014 and $3.36 per gallon in 2013.

Including the change locally during the past week, prices yesterday were 3.1 cents per gallon higher than a year ago and are 19.7 cents per gallon lower than a month ago. The national average has dropped 28.0 cents per gallon during the last month and stands 3.8 cents per gallon lower than a year ago.

Areas near New Hampshire and their current gas price climate:

Burlington- $2.68 per gallon, down 7.4 cents per gallon from last week’s $2.75 per gallon.

Boston- $2.68 per gallon, down 3.6 cents per gallon from last week’s $2.71 per gallon.

Vermont- $2.60 per gallon, down 6.0 cents per gallon from last week’s $2.66 per gallon.

“Average gas prices have continued to move lower in most states in the last week as retail prices continue to catch up to the low price of oil. Twenty-seven states boast a low price of $2 per gallon or less, and Missouri’s statewide average will likely fall under $2 per gallon this week, representing the first state to cross the psychological barrier,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “While the going has been good at most gas pumps, OPEC countries did agree to curb oil production, but the cut was smaller than we had expected, and for a shorter duration than anticipated, resulting in a small upward move in oil, one that may not immediately curb the declines. We appear poised to see the national average drop perhaps at least one more week- and we could close this week with the nation’s average in the $2.30s- the lowest in over a year.”