Gas Prices on the Rise in New England

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Gas prices are on the rise in New England. 

According to Gasbuddy the average price of gas went up 3.1 cents per gallon in Vermont, prices went up 2.9 cents in New York, and almost 2 cents in New Hampshire.

Gasbuddy says Vermont’s gas is averaging $2.25 a gallon, New York is averaging $2.23, and $2.13 in New Hampshire.

“Gasoline prices quickly reacted to news last week that OPEC had come to a decision regarding cutting back oil production,” said Patrick DeHaan, senior petroleum analyst for GasBuddy.

“Oil prices surged on the news which fueled gas prices to jump as well, but several days after the news broke, there’s reason to doubt OPEC’s sincerity of a possible production cut. In addition, Hurricane Matthew is a major storm worth monitoring as it heads for the East Coast- perhaps to areas affected by the Colonial Pipeline outage last month,” added DeHaan.   

The press release from Gasbuddy also says the national average has increased by 1.5 cents in the last week.

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