FRAMINGHAM – Massachusetts’s average gas price is the same as last week, averaging $3.36 per gallon.
Today’s price is 2 cents lower than a month ago ($3.38), and $1.00 higher than January 24, 2021 ($2.36). Massachusetts’s average gas price is 3 cents higher than the national average.
Despite typical low seasonal demand for gasoline, pump prices are clawing their way higher around the country. The national average for a gallon of gas is $3.33, two cents more than a week ago. The culprit is the rising price for oil, which is now bobbing around $85 per barrel, nearly $20 more than in November.
Last week, both OPEC and U.S. energy officials said the COVID-19 omicron variant is no longer expected to slow the continued recovery of petroleum demand in 2022. Despite this, OPEC and its allies are maintaining their planned modest production increases and will not dramatically ramp up output. The result will be a continued tight supply of oil.
“As long as the price for oil remains elevated, consumers will be feeling it at the pump,” says Mary Maguire, Director of Public/Government Affairs, in a press release.
AAA Northeast’s January 24 survey of fuel prices found the current national average to be 2 cents higher than last week ($3.31), averaging $3.33 a gallon.
Today’s national average price is 5 cents higher a month ago ($3.28), and 94 cents higher than this day last year ($2.39).
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*Prices as of January 24, 2022
AAA Northeast is a not-for-profit auto club with 71 offices in Rhode Island, Massachusetts, Connecticut, New Jersey, New Hampshire and New York, providing more than 6 million local AAA members with travel, insurance, finance, and auto-related services.