EagleTribune.com, North Andover, MA


May 12, 2013

Pump prices change course, turn higher

After dropping for nine straight weeks and settling comfortably below $3.50 per gallon, regional gasoline prices made a U-turn last week. State-by-state tracking by the auto club AAA showed average prices for self-service regular gas rising slightly last week in both Massachusetts and New Hampshire.

The overall national average also increased during the seven-day period, AAA reported. It was the second straight week in which the U.S. national average edged higher.

The Massachusetts state-wide average for self-service regular gas moved to $3.484 on Wednesday, up 0.9 cents from the prior Wednesday’s $3.475, according to the auto club. But Wednesday’s average was 33.6 cents lower than the Bay State average of $3.820 recorded on the same day last year.

In New Hampshire, an increase of 0.6 cents brought the state average for self-service regular to $3.412 on Wednesday, compared to $3.406 seven days earlier, AAA announced. Wednesday’s average was 36.7 cents lower than the Granite State average of $3.779 recorded on the same day of 2012.

AAA reported a U.S. coast-to-coast average of $3.539 on Wednesday, up 1.7 cents from the prior week’s $3.522. On the same day last year, the U.S. average of $3.763 was 22.4 cents higher than Wednesday’s average.

Text Only | Photo Reprints

Financial News
Photos of the Week