Gas prices across Massachusetts are down five cents this week — the largest one-week drop this year since February — and prices may continue to plummet as 2018 comes to an end, according to AAA Northeast.
AAA’s Nov. 13 survey of prices in Massachusetts finds self-serve, regular unleaded averaging $2.74 per gallon. The Massachusetts price is six cents higher than the national average for regular unleaded of $2.68. A year ago at this time, the average price in Massachusetts was 21 cents lower at $2.53.
“Prices could plunge even lower, especially if we see a surge in gasoline production after refiners fully restart units from the fall maintenance season,” said Mary Maguire, Director of Public and Legislative Affairs. “Also driving down pump prices is the fact that crude oil is selling under $65 per barrel – a rare sight this year.”
The range in prices in the latest AAA survey for unleaded regular is 58 cents, from a low of $2.51 to a high of $3.09.
Today’s local gas prices and their ranges are as follows:
Self Serve Grade
$2.74 ($2.51-$3.09) Regular Unleaded
$3.02 ($2.79-$3.29) Midgrade Unleaded
$3.19 ($2.91-$3.49) Premium Unleaded