EagleTribune.com, North Andover, MA

Business

May 19, 2013

Gas prices rise for second week

Let’s not call it a trend yet, but last week gasoline prices increased for the second straight week. Over the 14-day span, a rise of more than 4 cents has pushed the average price for self-service regular gas in Massachusetts above $3.50 per gallon, according to service-station tracking by the auto club AAA. The New Hampshire state-wide average remained slightly below the $3.50 level last week, the group reported.

The U.S. national average also rose last week for the second straight period. AAA’s coast-to-coast average pushed close to $3.60 per gallon after increasing more than 6 cents per gallon over the two-week period.

But despite the increases, current gasoline prices remain below the levels recorded at this time last year.

On Wednesday AAA reported a Massachusetts statewide average of $3.516 for self-service regular gas, up 3.2 cents from the prior Wednesday’s $3.484. On the same day last year, the Bay State average of $3.771 was 25.5 cents higher than Wednesday’s figure.

New Hampshire’s average rose 3.8 pennies last week, reaching $3.450 for self-service regular gas on Wednesday, compared to $3.412 seven days earlier, according to AAA. Wednesday’s figure was 28.7 cents lower than the Granite State average of $3.737 compiled on the same day of 2012.

The U.S. national average moved to $3.588 on Wednesday, up 4.9 cents from the prior Wednesday’s level of $3.539, the auto club reported. On the same day last year, the U.S. average of $3.727 was 13.9 cents higher than Wednesday’s figure.

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