PORTLAND, Maine — Despite rising summer travel demand, the average price for a gallon of regular gasoline in Maine fell more than 3 cents during the past week, according to price-tracking site GasBuddy.
The site reported Maine’s average price hit $2.34 per gallon Sunday, the same price as the national average, which had fallen by more than 4 cents during the week.
Will Speer, a senior analyst with GasBuddy, said in a news release that recent dips in the price of crude oil were finally reflected in pump prices for gasoline.
“As [U.S. Energy Information Administration] demand data for gasoline hit a new weekly record, it makes the declining price even more impressive,” Speer said.
Crude oil prices had been on a steady rise leading up to June but declined in the past couple of weeks, Speer said.
Maine’s average price was 1 cent higher than Vermont, at $2.33 per gallon, and 8 cents higher than New Hampshire, at $2.26 per gallon.