The Fourth of July and the summer driving season may be around the corner but gasoline prices continue to plummet in Massachusetts.
The price for a gallon of self-serve regular has dropped four cents for the second consecutive week and now is averaging $2.67, AAA Northeast said.
That is one cent lower than the national average. A year ago at this time, the average price in Massachusetts was 20 cents higher at $2.87. Prices in the state have fallen four straight weeks for a total dip of 17 cents.
“The decline in prices is unusual for this time of year as prices usually trend higher during the summer months due to increased demand,” Mary Maguire of AAA said. “This year, however, growing gasoline inventories are contributing to relief at the pump as we head into summer.”
The range in prices in the latest AAA survey for regular is 56 cents, from $2.49 to $3.05. Midgrade is averaging $2.88, from $2.85 to $3.24. Premium is averaging $3.06, from $2.99 to $3.45. Diesel is averaging $3.02, from $2.73 to $3.89.