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Some NH gas stations selling for less than $4 per gallon

Gas prices have been falling for 30 straight days, with some stations in New Hampshire now selling regular gasoline for less than $4 per gallon.According to AAA, the statewide average for a gallon of gas in New Hampshire is $4.61. That is still high, but industry experts said more relief may be in sight.”One station today in New Hampshire declined under $4 a gallon,” said Patrick De Hann, of GasBuddy. “That’s, I think, where we are headed, barring any refinery disruptions or hurricanes.”According to GasBuddy, three stations in Laconia were selling gas at less than $4 per gallon Thursday. Budget Gas on Main Street listed a price of $3.98, while Cumberland Farms on Court Street was selling gas for $3.99 per gallon, and an Irving station at 535 Union Ave. was selling gas for $3.96 per gallon. The price of a barrel of crude oil has been declining for a few weeks, and gas stations are now able to buy their supplies at lower prices. Crude oil prices have been weighed down by concerns of a recession and the strength of the US dollar, experts said. Oil production has also improved. For drivers, De Hann said prices should continue tumbling by a penny or two at the pump every few days. Prices in New Hampshire are down almost 40 cents from the record high hit in early June. De Haan said more supply could be coming on the market, which would drive down prices further. President Joe Biden is meeting with leaders in Saudi Arabia and is expected to ask them to increase oil production.

Gas prices have been falling for 30 straight days, with some stations in New Hampshire now selling regular gasoline for less than $4 per gallon.

According to AAA, the statewide average for a gallon of gas in New Hampshire is $4.61. That is still high, but industry experts said more relief may be in sight.

“One station today in New Hampshire declined under $4 a gallon,” said Patrick De Hann, of GasBuddy. “That’s, I think, where we are headed, barring any refinery disruptions or hurricanes.”

According to GasBuddy, three stations in Laconia were selling gas at less than $4 per gallon Thursday. Budget Gas on Main Street listed a price of $3.98, while Cumberland Farms on Court Street was selling gas for $3.99 per gallon, and an Irving station at 535 Union Ave. was selling gas for $3.96 per gallon.

The price of a barrel of crude oil has been declining for a few weeks, and gas stations are now able to buy their supplies at lower prices.

Crude oil prices have been weighed down by concerns of a recession and the strength of the US dollar, experts said. Oil production has also improved.

For drivers, De Hann said prices should continue tumbling by a penny or two at the pump every few days. Prices in New Hampshire are down almost 40 cents from the record high hit in early June.

De Haan said more supply could be coming on the market, which would drive down prices further. President Joe Biden is meeting with leaders in Saudi Arabia and is expected to ask them to increase oil production.

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