Business & Tech

Massachusetts Gas Prices Are the Lowest in More Than a Decade

The last time prices were this low in the middle of August was 2004. See where the cheapest gas is in Hamilton-Wenham.

By Liz Taurasi (Patch Staff)

Gasoline prices in Massachusetts are down four cents from last week, the sixth straight week of decreases, according to AAA Northeast, making them the lowest they’ve been since 2004.

AAA’s August 17th survey of prices in Massachusetts found self-serve, regular unleaded averaging $2.48 per gallon, down four cents from last week. Prices locally are 18 cents less than a month ago. The current price is 19 cents less than the national average for self-serve unleaded of $2.67. A year ago at this time the Massachusetts average price was 99 cents higher at $3.47.

Find out what's happening in Hamilton-Wenhamfor free with the latest updates from Patch.

“You have to go all the way back to 2004 to find prices this low in the middle of August,” said Mary Maguire, Director of public and legislative affairs for AAA Northeast. “Continued economic woes in the Far East, plus a global crude oil oversupply, are sending oil prices to new daily lows, translating into lower pump prices for motorists.”

The lowest price in Hamilton is at Cumberland Farms which has gas at $2.29 per gallon. Find the lowest in your area at gasbuddy.com.

Find out what's happening in Hamilton-Wenhamfor free with the latest updates from Patch.

The range in prices in the latest AAA survey for unleaded regular is 80 cents, from a low of $2.25 to a high of $3.05. AAA advises motorists to shop around for the best prices in their area, and to make sure they and their passengers buckle up — every trip, every time.

Today’s local gas prices and their ranges are as follows (self serve):

  • Regular Unleaded: $2.489 ($2.259-$3.059)
  • Midgrade Unleaded: $2.769 ($2.419-$3.299)
  • Premium Unleaded: $2.959 ($2.679-$3.499)
  • Diesel: $2.819 ($2.599-$3.699)

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