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Gas prices drop in Massachusetts for fourth consecutive week according to AAA
Westwood, MA, July 11, 2022 — According to AAA, the Massachusetts average gas price is down 11 cents from last week ($4.85), averaging $4.74 per gallon. Today’s price is 30 cents lower than a month ago ($5.04), and $1.72 higher than July 11, 2021 ($3.02). Massachusetts’s average gas price is 7 cents higher than the national average.
The decrease in the average for a gallon of gas occurred despite a slight rise in demand, likely due to robust July 4th holiday automobile travel. AAA forecasted that 42 million people would hit the roads for the holiday weekend, a new record.
“Usually, more people buying gas would lead to higher pump prices,” said Mary Maguire, AAA Northeast Director of Public and Government Affairs. “But the price for oil, the main ingredient in gasoline, has fallen and is hovering around $100 a barrel. Less expensive oil usually means less expensive gas.”
AAA Northeast’s July 11 survey of fuel prices found the current national average to be 13 cents lower than last week ($4.80), averaging $4.67 a gallon. Today’s national average price is 33 cents lower than a month ago ($5.00), and $1.53 higher than this day last year ($3.14).
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