Mass. gas prices fall by 10 cents
Photo | Timothy Doyle
This photo of a Worcester gasoline station was taken in August 2022 when gasoline prices were nearing $4.50 per gallon. By December, that per-gallon price has fallen by nearly $1.
The average cost for a gallon of regular unleaded gasoline in Massachusetts has fallen by 10 cents in the last week, now at $3.66, according to a Monday press release from travel association AAA Northeast.
This price is 16 cents lower than it was one month ago, and 25 cents higher than it was one year ago. It’s also 26 cents higher than the current national average, which sits at $3.40 per gallon, down from last week’s $3.54. The national average is 39 cents below the prices from one month ago, and 5 cents higher than this time last year.
A Sunday meeting between the Organization of Petroleum Exporting Countries and their allies resulted in oil output cuts of 2 million barrels per day, with the goal of raising prices of oil after a recent decline.
“Gas prices are dropping sharply and are only a nickel more per gallon nationally than a year ago,” Mary Maguire, AAA Northeast vice president of public and government affairs said in the press release. "But with oil being the main ingredient in gasoline, OPEC+'s move could slow this decline. However, the gas price will likely soon be lower than it was a year ago."
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