When the demand for oil exceeds the supply, oil prices increase. Remember that this is a worldwide situation and not specific just to New Hampshire. I heard OPEC is producing more oil . Europe and Asia are paying much higher prices for fuel than the United States so much of the produced product is going to these areas. This is truly a supply and demand phenomenon.
Demand is strong while supplies are tight.
A former Chief OPEC economist, Masood Samii, feels that this high price trend will possibly persist for the next 5 to 10 years. He and ECS believe United States consumers need to be more energy-efficient and consume less if we are to see price relief. According to the Attorney General's Office and the Governor's Office, there is no evidence of price gouging. This is a worldwide issue where the demand exceeds fresh supply therefore creating higher prices. There is no accurate and reliable way to predict the course of fuel prices.