Maine, national gas prices continue summer drop
For the fourth week in a row, the average price for a gallon of regular gasoline in Maine has dropped, falling by four cents to $2.16, despite being in the midst of the summer travel season.
During that same period, the average national price for a gallon of gas dropped by two pennies to $2.12, according to the price-tracking website GasBuddy.
The $2.16 statewide average in Maine reported on Tuesday morning is higher than New Hampshire's average of $2.09 per gallon, but four cents lower than the $2.20 per gallon of Vermont.
“The fall in fuel and oil prices comes as the multi-year long glut of crude oil has led to a glut in gasoline inventories, which are up nearly 12% versus just a year ago even as millions of Americans traverse the nation's highways at record levels,” Patrick DeHaan, a senior petroleum analyst at GasBuddy, said in a statement.
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