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Peak gas prices approaching elsewhere

NEW HAMPSHIRE — New Hampshire gas prices have risen 6.9 cents per gallon in the past week, averaging $2.75 per gallon today, according to GasBuddy’s daily survey of 875 stations. Gas prices in New Hampshire are 25.0 cents per gallon higher than a month ago, yet stand 1.8 cents per gallon higher than a year ago.

According to GasBuddy price reports, the cheapest station in New Hampshire is priced at $2.24 per gallon today while the most expensive is $3.00 per gallon, a difference of 76.0 cents per gallon. The cheapest price in the entire country today stands at $2.03 per gallon while the most expensive is $5.19 per gallon, a difference of $3.16 per gallon.

The national average price of gasoline has risen 2.9 cents per gallon in the last week, averaging $2.88 per gallon today. The national average is up 18.7 cents per gallon from a month ago, yet stands 7.7 cents per gallon higher than a year ago.

Neighboring areas and their current gas prices:

Burlington- $2.84 per gallon, up 2.4 cents per gallon from last week’s $2.82 per gallon.

Boston- $2.84 per gallon, up 7.6 cents per gallon from last week’s $2.76 per gallon.

Vermont- $2.80 per gallon, up 5.8 cents per gallon from last week’s $2.74 per gallon.

“After a quiet week previously, the national average has resumed its upward climb in the last week with average gas prices rising in nearly all states yet again. This spring certainly has brought furious price increases at faster paces than we’ve seen in past years,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “Oil posted a loss last week, likely responding in part to President Trump’s tweet aimed at oil producers and again asking OPEC to raise production, but it’s not known if the effect on the market will persist or pass into the sunset. Peak prices are likely starting to enter into view for over the next few weeks for some states — mainly in the West Coast- while the national average will likely peak somewhere between 2-5 weeks from now before falling. The homestretch is quickly coming into view. Perhaps the best news for motorists is they may catch a break in June as prices moderate slightly as refiners finish maintenance and boost production.”

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