Wakefield Gas Prices Falling Even Further

Mark Torrence contributed to this report.

WAKEFIELD, MA—Gas prices are continuing to fall across the world, and the Commonwealth is no different.

Massachusetts is seeing average gas prices of $1.787 for regular gas. This mark is nearly five cents lower than last week’s mark of $1.829 and is 17.5 cents lower than last month’s mark of $1.962, according to Gasbuddy.

When will the decline in prices end? Analysts say it’s hard to tell (and if they did know, they’d be heading to their nearest lottery retailer and stock broker, too).

GasBuddy Senior Petroleum Analyst Gregg Laskoski told Patch it isn’t unreasonable to think that the national average could drop anywhere from 5 to 10 more cents per gallon before winter reserves run out, the price of oil levels out and gas prices start to increase again.

“We know prices will hit a plateau, but sometimes you won’t know it’s a plateau until it’s in the rearview mirror,” he said. “There’s a lot of moving parts.”

Wakefield’s cheapest gas can be found at Wakefield Gas 454 Water St & Montrose Ave.

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