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Business and Economy

Gas Prices in Maine Fall, Amid Summer Driving Season

Nora Flaherty
Gas at the Mobil on Noyes Street and Forest Avenue in Portland on Monday.

PORTLAND, Maine - Amid the summer driving season, gas prices continue to fall, both nationally and in Maine.

Greg Laskoski, with the price-tracking website Gas Buddy.com, says the price in Maine is down almost 4 cents from last week, to $2.24 a gallon.

And he says it's fallen a lot more if you look back further. "The national average price of gas is now 14 cents lower than where we were a month ago. In Maine, the statewide average today is $2.24; a month ago we were paying $2.35 a gallon; and a year ago it was $2.76."

Laskoski says even though demand for gas is up for the summer season, gas production around the world  exceeds that demand, keeping prices low.