Gas prices drop in Maine

Posted Sept. 19, 2011, at 12:30 p.m.

AUGUSTA, Maine — Gas prices in the Pine Tree State have fallen 4.6 cents per gallon in the last week, averaging $3.68 per gallon on Sunday.

Those figures compare with the national average that has fallen 4.2 cents per gallon in the last week to $3.61, according to MaineGasPrices.com.

Prices on Sunday were 98.4 cents per gallon higher than the same day last fall, and are 0.1 cents per gallon lower than a month ago. The national average has increased 2.4 cents per gallon during the last month and stands 88.0 cents per gallon higher than this day last year.

“It took the end of summer for a drop in retail gasoline prices, but I’m sure motorists won’t complain that we’re finally seeing some drops in prices,” said Patrick DeHaan,

GasBuddy.com Senior Petroleum Analyst.

“We’ve seen wholesale prices continue to be somewhat volatile, but I believe as we enter October we’ll see markets slowly quiet down with retail gasoline prices falling to $3.35­-$3.55 on average by Thanksgiving, with the exception being typical hot spots on the West Coast.”

http://bangordailynews.com/2011/09/19/business/gas-prices-drop-in-maine/ printed on September 22, 2014