Mid-August Mass. gas prices lowest in a decade

Printed from: http://newbostonpost.com/2015/08/19/mid-august-mass-gas-prices-lowest-in-a-decade/

Written by Colin A. Young

Bay Staters looking to hit the road for a late summer vacation will have the benefit of gas prices 19 cents lower than the national average and at the lowest mid-August level in a decade.

A gallon of self-serve, regular unleaded gas costs an average of $2.48 in Massachusetts, AAA announced Monday. That average price is down four cents from last week and 18 cents from a month ago, the organization said.

“You have to go all the way back to 2004 to find prices this low in the middle of August,” Mary Maguire, AAA Northeast’s director of public and legislative affairs, said in a statement. “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.”

In mid-August 2014, AAA said, Massachusetts gas prices averaged $3.47.

Copyright State House News Service