Slow and steady is the name of the game for increasing gas prices in the state of Maine, as the average price for a gallon of gas rose by a penny to $2.27.
In the week ending Tuesday morning, the average national price for a gallon of gas dropped by two cents to $2.23, according to the price-tracking website Gasbuddy.
The $2.27 statewide average in Maine is higher than New Hampshire’s $2.17, but equal to Vermont’s price per gallon average.
“Oil prices fell $1 per barrel last week, but maintained the $50-per-barrel level due to concern over the likelihood of OPEC and non-OPEC countries cutting oil production in the weeks ahead,” Patrick DeHaan, senior petroleum analyst for GasBuddy, said in a release: “A barrel of West Texas Intermediate crude oil did not close once under $50 last week, solidifying a new floor at the higher price for the time being.”