EagleTribune.com, North Andover, MA

Business

June 22, 2014

Fuel prices step up for summer

Regional and national gasoline prices registered solid increases last week, according to service-station tracking by the auto club AAA. The question now is whether last week’s upticks of 2 to 3 cents per gallon were an aberration or an end to the slow, fraction-of-a-cent price declines of the past several weeks.

On Wednesday, AAA reported a Massachusetts average of $3.701 per gallon for self-service regular gas. That was 2.3 pennies higher than the prior Wednesday’s figure of $3.678. One year earlier, the Bay State average of $3.547 was 15.4 cents below Wednesday’s figure.

New Hampshire drivers saw a 3-cent increase over the seven-day span, with the state average for self-service regular moving to $3.631 on Wednesday, from $3.601 the prior week, auto-club figures showed. On the same day of 2013, the New Hampshire average of $3.484 was 15.5 cents lower than Wednesday’s level.

The U.S. 50-state average for self-service regular bumped 2.5 cents higher, to $3.669 on Wednesday from $3.644 seven days earlier, according to AAA. On the same day last year, the national average of $3.607 was 6.2 cents lower than Wednesday’s number.

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