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Gasoline Prices Fall In Maine But Downward Trend Might Be Brief

GasBuddy.com

Gasoline prices in Maine have fallen about 6 cents a gallon over the last month, and now stand at a statewide average of $2.48.

Gas Buddy analyst Patrick DeHahn says prices are not expected to drop much more in the near future. "Well, gas prices may remain relatively stable around where they are today at $2.48 a gallon," he says. "I'm not seeing any tremendous downward moves."

Over the past year, gas prices in Maine have risen by about 20 cents a gallon, and DeHahn says oil prices are close to being the highest than they've been since 2015.

Nationally, gas prices fell last week to $2.45, on average.  Compared to last month, that's just over 11 cents per gallon lower, but it's about 24 cents per gallon higher than a year ago.

 

Nora is originally from the Boston area but has lived in Chicago, Michigan, New York City and at the northern tip of New York state. Nora began working in public radio at Michigan Radio in Ann Arbor and has been an on-air host, a reporter, a digital editor, a producer, and, when they let her, played records.