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Massachusetts gas prices drop for 6th consecutive week according to AAA
Westwood, MA, July 25, 2022 — According to information released by AAA, Massachusetts’ average gas price is down 11 cents from last week ($4.63), averaging $4.52 per gallon. Today’s price is 42 cents lower than a month ago ($4.94), and $1.50 higher than July 25, 2021 ($3.02). Massachusetts’s average gas price is 17 cents higher than the national average.
Nationally, lackluster demand for gas and lower oil prices have led to pump prices falling again, down 17 cents since last week to $4.35. The steady decline is due to low domestic demand for gasoline and oil prices that remain in the mid-$90s per barrel. The price of gas has now fallen every day since hitting a record $5.01 on June 14.
“Consumers appear to be taking the pressure off their wallets as they enjoy fuel prices down 11% since their peak in mid-June,” said Mary Maguire, AAA Northeast Director of Public and Government Affairs. “And there’s reason to be cautiously optimistic that pump prices will continue to fall in the near-term, particularly if the global price for oil does not spike. But the overall situation remains very volatile.”
AAA Northeast’s July 25 survey of fuel prices found the current national average to be 17 cents lower than last week ($4.52), averaging $4.35 a gallon. Today’s national average price is 55 cents lower than a month ago ($4.90), and $1.20 higher than this day last year ($3.15).
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Antifa
July 25, 2022 at 1:18 pm
To all of the idiots that don’t understand worldwide commodities and economics are you giving credit to Joe Biden for the decreases?
MortisMaximus
July 27, 2022 at 9:32 pm
https://www.zerohedge.com/political/us-actually-sold-6-million-barrels-spr-hunter-biden-tied-china-firm
MortisMaximus
July 26, 2022 at 1:23 pm
https://www.breitbart.com/tech/2022/07/26/connecticut-transit-replaces-electric-bus-fleet-with-diesels-following-massive-battery-fire/
MortisMaximus
July 27, 2022 at 9:21 am
https://www.infowars.com/posts/videos-biden-energy-secretary-admits-being-obsessed-with-green-transition/
Antifa
July 27, 2022 at 2:01 pm
There goes more MoronMaximus posting his fascist fake bullshit websites for ignorant people just like him. Next thing we know he’ll be telling us he bought the Braga bridge.
So moron how do you explain the prices coming down now? Supply and demand of a worldwide commodity or the president putting his hands on the scale? Since you blamed them for the high gas prices shouldn’t you give them credit for lower gas prices? Again the Keystone pipeline has been operational for years but the XL Keystone pipeline that was going to bring highly toxic toss ends to the coast to transport to foreign refiners that can handle that crap wasn’t going to help us at all. 10,000, 10,000 unused federal drilling leases and who knows how many more private ones. Refineries that weren’t brought back online after the pandemic. Maybe Joe needs to go all socialist on them and force them to reopen the refineries, drill and lower their prices!
MortisMaximus
July 27, 2022 at 6:37 pm
Infowars has billions of views and many millions of visitors who don’t believe in the clouded dysmorphic ideals of the great Messianic one Ken mASSonic. Ken you can never take anything on it’s face unless it is approved agit-prop from the MSDNC. Ken read a book. Look into demand destruction and the effects of it. You are touting the ideals of capitalism when it comes to the rigged game of oil, but when it comes to skyrocketing rents you find yourself on the other side demanding government price controls. Which is it? Can the Government control the price of anything? Since your such a financial mastermind how long have you owned your seat on the CME? Same bullshit story different day. Same hyperbole same affect, NONE. I have posted a link that will give you all of the answers but your brain is so damaged you can’t even understand it! Stop being such a shameful liar.
https://youtu.be/cElZ5102b14