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Gas prices continue to fall over four straight weeks

NEW HAMPSHIRE — New Hampshire gas prices have fallen 2.9 cents per gallon in the past week, averaging $2.68 per gallon today, according to GasBuddy’s daily survey of 875 stations. Gas prices in New Hampshire are 7.5 cents per gallon lower than a month ago, yet stand 21.7 cents per gallon lower than a year ago.

According to GasBuddy price reports, the cheapest station in New Hampshire is priced at $2.43 per gallon today while the most expensive is $3 per gallon, a difference of 57.0 cents per gallon. The cheapest price in the entire country today stands at $1.89 per gallon while the most expensive is $5.86 per gallon, a difference of $3.97 per gallon.

The national average price of gasoline has fallen 1.6 cents per gallon in the last week, averaging $2.81 per gallon today. The national average is down 8.9 cents per gallon from a month ago, yet stands 13.8 cents per gallon lower than a year ago.

Neighboring areas and their current gas prices:

Burlington- $2.80 per gallon, down 4.4 cents per gallon from last week’s $2.84 per gallon.

Boston- $2.82 per gallon, down 1 cent per gallon from last week’s $2.83 per gallon.

Vermont- $2.75 per gallon, down 0.9 cents per gallon from last week’s $2.76 per gallon.

“The national average has fallen for its fourth straight week, probably not something motorists would associate with the start of the summer driving season,” said Patrick DeHaan, head of petroleum analysis for GasBuddy. “More impressively is the surprise that may soon hit some motorists: the nation’s cheapest gas prices may soon fall back under $2 per gallon as oil prices have plummeted nearly $14 in the last 8 weeks, prompted by worries about President Trump’s tariffs on China and now also Mexico, undermining the U.S. and global economy, and perhaps leading to a slowdown in oil demand at the same time as U.S. oil inventories have rebounded sharply. While there may be volatility and a return to higher prices should Trump make a deal to avoid tariffs on both the countries, for now, it’s going to be a big win at the gas pump with prices in most areas likely to fall notably in the week ahead.”

For LIVE fuel price averages, visit FuelInsights.GasBuddy.com.

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