CONCORD, N.H. (AP) — Gas prices are on the rise in northern New England.
The latest GasBuddy price reports show prices rose 5.5 cents per gallon last week in New Hampshire, to an average of $2.59. In Maine, the average price was $2.66, up 5 cents per gallon. Prices in Vermont were up 1.8 cents, to $2.68 a gallon.
The national average price of gasoline has risen 4.6 cents in the last week, averaging $2.71 a gallon. The national average is down 10.5 cents per gallon from a month ago, yet stands 13.8 cents per gallon lower than a year ago.
Patrick DeHaan, GasBuddy's head of petroleum analysis, says escalating tensions between the U.S. and Iran for higher oil prices, declining inventories, and even a potential U.S.-China trade deal are contributing to the increase.