FRAMINGHAM – The average gas price in Massachusetts is up 4 cents from last week ($3.56), averaging $3.60 per gallon, said AAA Northeast.
Today’s price is 10 cents lower than a month ago ($3.70), and 34 cents higher than October 17, 2021 ($3.26). Massachusetts’ average gas price is 28 cents lower than the national average.
“Despite concerns about the economy and declining demand for gasoline, gas prices increased again last week as markets continue to reckon with recently-announced production cuts from OPEC+ nations and the prospect of a colder-than-normal winter in the Northeast,” said Mary Maguire, AAA Northeast Vice President of Public and Government Affairs, in a press release. “Even though national inventories of gas and oil increased last week, supplies are still well below seasonal averages and refiners have sparse capacity to increase production.”
Today’s national average price is 20 cents higher than a month ago ($3.68), and 57 cents higher than this day last year ($3.31).
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*Prices as of October 17, 2022
AAA Northeast is a not-for-profit auto club with 70 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