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Demand for Gas Drops, Price Increase Slows

By TWIW Staff | November 2, 2021
Last Updated: November 2, 2021

MASS. – After prices rising an average of more than 8 cents in each of the last three weeks, the average prices of gas is up 3 cents in Massachusetts since last week, according to AAA.

That brings gas in Massachusetts to an average $3.38 per gallon. That price is 29 cents higher than a month ago ($3.09), and $1.30 higher than October 25, 2020 ($2.08).

Massachusetts’s average gas price is 2 cents lower than the national average.

“We have finally seen a little dip in domestic demand for gasoline, which may signal that the seasonal post-Labor Day easing was a little delayed this year,” says Mary Maguire, Director of Public/Government Affairs. “And if the recent steady increase in crude oil prices takes a breather too, consumers may benefit at the pump with smaller price hikes.”

AAA Northeast’s November 1 survey of fuel prices found the current national average to be 2 cents higher than last week, averaging $3.40 a gallon. Today’s national average price is 21 cents higher than a month ago ($3.19) and $1.27 higher than this day last year ($2.13).

Comparison to neighboring states, according to AAA Northeast:

Region Current
Price
One Week
Ago
One Month
Ago
One Year
Ago
Massachusetts $3.38 $3.35 $3.09 $2.08
Rhode Island $3.38 $3.36 $3.08 $2.09
Connecticut $3.52 $3.50 $3.20 $2.14

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