Average retail gasoline prices in Maine have fallen 7.9 cents per gallon in the past week, averaging $3.70 per gallon Aug. 14 This compares with the national average that has fallen 4.7 cents per gallon in the last week to $3.60 per gallon, according to gasoline price website mainegasprices.com.

Including the change in gas prices in Maine during the past week, prices yesterday were 95.6 cents per gallon higher than the same day one year ago and are 8.2 cents per gallon lower than a month ago. The national average has decreased 6.7 cents per gallon during the last month and stands 85.4 cents per gallon higher than this day one year ago.

“After watching oil decline dramatically two weeks ago, prices rebounded some $12 per barrel last week, which may severely limit relief at the gas pump,” says Patrick DeHaan, gasbuddy.com senior petroleum analyst.

“The smallest sliver of hope in the economy seems to make some market players forget the bigger issues this country faces. Last week, this situation led to buying spree in oil prices, something that I just don’t see lasting,” DeHaan adds.

GasBuddy operates gasbuddy.com, mainegasprices.com, and more than 225 other local gasoline price-tracking websites that follow prices at more than 125,000 gasoline stations in the United States and Canada. GasBuddy also uses Facebook (facebook.com/gasbuddy) Twitter (twitter.com/gasbuddy), and phone apps to keep motorists ahead of changing gasoline prices.