EagleTribune.com, North Andover, MA

Business

April 14, 2013

Pump prices trend down, take another plunge

At this time last year, the price of gasoline in Massachusetts was only one thin dime away from topping $4 per gallon.

But now at the mid-April point of 2013, the average price for self-service regular gas in the Bay State stands more than 40 cents below the $4 mark, and is trending lower.

Average pump prices in Massachusetts, New Hampshire and the U.S. as a whole declined last week for the sixth consecutive week, according to tracking by the auto club AAA.

The Massachusetts state-wide average reached $3.586 per gallon for self-service regular gas on Wednesday, AAA reported. That was 6.7 cents lower than the prior Wednesday’s average of $3.653. On the same day of 2012, the Bay State average $3.903, or 31.7 cents higher than Wednesday’s level.

In New Hampshire, drivers paid an average of $3.541 on Wednesday, down 6.5 cents from the $3.606 state-wide average recorded seven days earlier, according to AAA. On the same day last year, the New Hampshire average of $3.858 was 31.7 cents higher than Wednesday’s figure.

The U.S. coast-to-coast average saw a similar decrease last week, with AAA reporting a national average of $3.572 on Wednesday, down 6.8 pennies from the prior Wednesday’s $3.640. Twelve months earlier, the overall U.S. average of $3.922 was 35.0 cents above Wednesday’s average.

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