Gas prices continue to tumble
The Associated Press | April 29,2013
Average gasoline prices in Vermont fell 2.6 cents a gallon in the last week, averaging $3.51 a gallon on Sunday, according to GasBuddy's daily survey of 626 gas outlets in Vermont.
The national average fell 1.6 cents a gallon to $3.49 a gallon.
Gasoline prices in the state are 43.7 cents a gallon lower than a year ago and 19 cents a gallon lower than a month ago.
The national average has fallen 13.3 cents a gallon during the last month and is 32.2 cents a gallon lower than a year ago.
"The party at the pump with the seasonally lower prices may be temporarily over," said Patrick DeHaan, GasBuddy.com senior petroleum analyst. "We've seen situations unfold that have caused a reversal in the downward trend, and those situations are multiplying across portions of the U.S. and Canada."
DeHaan said supply has grown tight along the West Coast and will likely lead to higher prices. He said that same scenario is playing out in the Great Lakes region, where prices may spike 10 cents to 20 cents a gallon in the next two days.
He said refineries are completing what was an extensive maintenance season "and with plant restarts commencing, problems may develop, putting pressure on prices."
GasBuddy operates VermontGasPrices.com and more than 250 similar websites that track gasoline prices at more than 140,000 gasoline stations in the United States and Canada.