NH Gas Prices Higher Than $5 Per Gallon For First Time Ever

NEW HAMPSHIRE — It seems like the gas prices keep going from bad to worse. This week, New Hampshire has surpassed the national average at $4.90 per gallon, according to the American Automobile Association, with no indication of the hike stopping anytime soon.

The national average gas price sits at $4.87, twenty cents higher than it was just a week ago on Memorial Day. New Hampshire continues to break record highs and there is little sign that it's going to slow down. Drivers across the Granite State are feeling the heat, especially since the average price for a gallon of gas in New Hampshire this time last year was $2.92.

Coming in at an average of $4.90 per gallon for the cheap stuff, mid-grade is $5.21, premium gas is $5.52 and diesel is averaging $6.20 in New Hampshire according to AAA.

Last weekend, gas prices surpassed $5 a gallon for regular at the Shell station on Loudon Road on the Concord Heights.

Gas prices nationwide are also soaring, as no state is showing prices below $4 per gallon. Georgia has the lowest average, coming in at $4.29, and California still has the highest average at $6.34.

Gas prices as a whole have been steadily increasing since the start of March, where the rise in gasoline prices coincides with the current situation in Ukraine caused by the ongoing Russian invasion. Other factors also weigh into the sharp increase, as crude oil is trading at $118 a barrel, which is 71 percent higher than just one year ago, and the pandemic's toll has burdened refineries who are just trying to keep up with demand as more people are going back into the office.