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February 16, 2016

Maine’s falling gas prices outpace national trend

The plunge in the average statewide price for a gallon of gasoline outpaced the national average last week, as a combination of high crude oil inventories and low crude oil prices have left Mainers with a bit more change in their pockets.

Last week, the average price for a gallon of gasoline fell 6 cents, down 47 cents from a year ago to $1.79 in Maine, while the national average currently sits at $1.69 per gallon, down 4 cents, according to a report by GasBuddy.

Maine is currently one of 45 states with an average gas price below $2 per gallon, with our neighbors in New Hampshire paying $1.71 per gallon on average.

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