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The price of a gallon of gasoline has been relatively steady over the past week in the Worcester metro area, falling 3 cents lower than last week’s $3.48 per gallon.
The Greater Worcester average of $3.45 is still higher than this time a month ago, when the price was $3.24, according to data from the travel association AAA.
The Massachusetts average was $3.50 last week. This week, that remains virtually unchanged at $3.48 per gallon.
“The local and national averages might be at or near the peak price for now,” said Mary Maguire, AAA Northeast vice president of public and government affairs, in a press release on Monday.
The price of oil – a major contributor to the cost of gasoline at the pump – has been hovering around $70 per barrel, and Maguire said this lowering price is a benefit to drivers.
As of Thursday, the price of a barrel has fallen into the high sixties at $68.60, according to Business Insider.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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