News Summary

Gas prices in Massachusetts have decreased to an average of $2.93 per gallon for regular fuel, down from $2.95 last week. This marks a 5-cent drop since last month and a 7% decrease compared to a year ago when prices were $3.15 per gallon. Massachusetts prices are also lower than the national average of $3.07 per gallon. With factors like reduced crude oil prices contributing to this trend, experts caution that prices may rise again as summer approaches. Additionally, local gas utilities have been mandated to lower prices by at least 5% for March and April.

Gas Prices in Massachusetts Take a Dip Again!

Good news for drivers in Massachusetts! As of Monday, gas prices have taken a friendly little tumble, now averaging only $2.93 per gallon for regular fuel. This marks a decrease from last week’s average of $2.95 per gallon, showing that prices have been moving in a favorable direction for folks on the road.

Price Drops and Yearly Comparisons

When you look at the bigger picture, the average fuel price in the Bay State has dropped about 5 cents since last month. It’s a nice change of pace, especially considering that just a year ago the average gas price was sitting at $3.15 per gallon. That means we’re currently enjoying prices that are a solid 7% lower than last year!

This time last year, gas prices in Massachusetts fluctuated quite a bit, ranging from a low of $2.93 on March 10, 2025, all the way up to a high of $3.60 on April 29, 2024. It looks like the gas pump has been quite a rollercoaster ride recently.

Local vs. National Prices

$3.07, meaning prices in Massachusetts are about 4.4% lower than the national average. Last week’s national average came in at $3.08 per gallon. So, it seems like Massachusetts drivers might have a little extra change in their pockets compared to many other states.

Forces Behind the Price Changes

$2.99 per gallon in the state, which is down just two cents from the previous week. Nationally, gas prices have also gone down, dropping five cents in the past month, and are down an impressive 31 cents from the same day last year when the average was a painful $3.39 per gallon.

Utility Prices and Support for Residents

5% for March and April. This decrease comes as a relief against the backdrop of higher winter costs. The Massachusetts Department of Public Utilities explained that increased supply costs and unusually high delivery charges contributed to this temporary hike.

30% rate increase last November, which certainly didn’t sit well with many residents facing high winter bills. This has opened discussions about permanently shifting gas costs to off-peak seasons, paving the way for more manageable bills in the future.

Deeper Dive: News & Info About This Topic

Author: RISadlog

Tagged Massachusetts breaking news, Massachusetts business news, Massachusetts economy, Massachusetts environmental news, Massachusetts market trends, Massachusetts news