Please assign a menu to the primary menu location under menu

News

‘Hopefully we will get below $4.00 over the next month’



Another summer week, another drop in gas prices.

The gas price trend over the past month continued last week as pump prices kept falling across Massachusetts. The Bay State’s average gas price on Monday was down 5 cents from last week’s $4.52, now averaging $4.47 per gallon for regular.

The current price is 41 cents lower than a month ago ($4.88). The average is a 57-cent drop from the record-high price of $5.04 in mid-June.

“It’s more good news for us,” Mark Schieldrop of AAA Northeast told the Herald on Monday. “The economy and demand are pushing numbers down, so gas prices should keep trending down because demand is relatively weak.

“Hopefully we will get below $4.00 over the next month,” he added. “It’s certainly a possibility.”



Source link