Gas prices are down again this week in Massachusetts, and they've been steadily declining since late January. One expert said that while the lower prices are a good thing for drivers, it could be a bad sign for the economy in the bigger picture.
Historically, gas prices begin to creep higher as warmer weather and busier driving season begins.
Massachusetts gas prices
According to AAA Northeast, the average price in Massachusetts this week is $2.99 per gallon, down two cents since last week.
Nationally, gas currently averages $3.08 per gallon. That is five cents lower than a month ago, and 31 cents lower than the same day one year ago when gas was averaging $3.39 per gallon.
Why are gas prices falling?
AAA said the current declining prices are due largely to the falling crude oil prices and uncertainty about the economy in the months to come.
Read Full Article Here
Why expert says low gas prices could be sign of economy in trouble
- by: Matt Schooley
- 2025-03-11
- Source:
CBS News
- 03/12/2025
a gas pump is connected to a car at a gas station by ifer endahl is licensed under Unsplash unsplash.com
a gas pump is connected to a car at a gas station by ifer endahl is licensed under Unsplash unsplash.com
