The New Hampshire Gas prices has fallen 3.7 cents per gallon last week. It is $3.48 for a gallon on Monday. It has to be noted that this price is a penny lower than the average national price for a gallon of gas.
The average national price per gallon increased 2.3 cents last week to $3.49.
Last year, the New Hampshire gas prices were 13.7 cents lower than the present price. Less than a month ago, it was 14.2 cents higher in Hampshire.
The average national gas price per gallon decreased to 8.9 cents compared to 30 days ago, where as it was 4.2 higher last year same time.
The consistent fall in gas price since summer is mainly because of the increase in output and the soar in the production of oil due to the recent advancements in the drilling technology. This has resulted in an increase in the production of oil.
Patrick Dehaan, a Senior Petroleum analyst at Gasbuddy.com said, “The national average has now dropped to its lowest level since February, and with the end of the summer driving season nearing, we’ll likely see gas prices continuing the downward trend.”