Gas Prices Drop 6 Cents in MA

Source KFDA

AAA Northeast's weekly survey shows the average price of a gallon of self-serve, regular in MA is $2.50.

Metro Detroit's average price per gallon is $2.49, slightly higher than the statewide $2.45, which is 11 cents less than last week and 19 cents more than previous year.

According to AAA, gas prices in the state have dropped 11 cents in 10 days. The Massachusetts price is three cents below the national average for regular unleaded of $2.53.

"AAA expects gas prices will shoot up 20 to 30 cents between March and May, as refineries conduct seasonal maintenance and switch to summer-blend gasoline", he said. The Florida average of $2.57 was almost 8 cents lower.

Source KFDA
Source KFDA Source KFDA Source KFDA

Michigan's eleven-cent drop is the largest weekly price change in the nation this week.

Gas prices decreased at the pump across the Great Lakes and Central region this week; OH prices are down 7 cents statewide, and land on the list of top 10 decreases across the country.

At last check, Monday morning, February 19, according to GasBuddy.com the lowest gas can in Iowa can be found for $2.22.

"But oil prices have rebounded from their lows and are again strengthening, which may cut the party at the pump short in the weeks ahead", DeHaan said. Crude prices have been lower in the past two weeks as investors worry that higher USA crude output, which hit a record 10.27 million barrels per day, will undermine attempts to curb global oil supplies. "Sluggish demand coupled with growing crude stocks have paused steadily rising oil prices". The price was $2.08 at H-E-B, 601 Indian Trail and $2.10 at Valero, 601 E. Central Texas Expressway. A year ago at this time, it was $2.28 a gallon.

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