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Massachusetts Gas Prices Dip to $2.94 per Gallon

Gas station with $2.94 sign in Massachusetts

News Summary

As of Monday, gas prices in Massachusetts have decreased to an average of $2.94 per gallon, down from $2.95 last week. This reflects a significant drop from $3.45 a year ago. While there was a minor increase compared to February, the decline is notable in light of economic uncertainty. Regionally, prices vary, with Pittsfield having the highest at $3.01 and Seekonk the lowest at $2.85. Nationwide, the average gas price stands at $3.11, indicating Massachusetts prices are lower than the national average by 5.5%.

Boston, Massachusetts – The average gas price in Massachusetts has dipped to $2.94 per gallon of regular fuel as of Monday, reflecting a slight decrease from last week’s average price of $2.95 per gallon. This recent decline comes amid ongoing economic uncertainty and follows a slight increase of about 2 cents since last month.

Compared to a year ago, when gas prices in the state averaged $3.45 per gallon, this current price represents a significant decrease of nearly 50 cents. Despite the current drop, this week marks a 4 cent increase from Massachusetts prices since February.

Nationally, the average gas price was recorded at $3.11 per gallon last week, making Massachusetts prices approximately 5.5% lower than the national average. The U.S. average has also seen a slight reduction, down from $3.13 a week prior.

Local Price Variations

Within Massachusetts, gas prices vary significantly across regions. The most expensive gas can be found in Pittsfield at $3.01 per gallon, while Seekonk boasts the least expensive at $2.85 per gallon. Furthermore, the current diesel price in the state stands at $3.79 per gallon, unchanged from last week but down 44 cents compared to last year.

Historical Context

Over the past year, the highest recorded gas price in Massachusetts occurred on July 8, 2024, when it peaked at $3.50. The lowest price recorded came shortly after, on April 14, 2025, at $2.88. The price fluctuations are primarily linked to changes in crude oil prices and market conditions.

Market Trends and Concerns

The recent pattern of declining gas prices and stock market volatility has raised potential economic concerns. Analysts suggest that gas prices may have peaked for the year 2025, indicating that consumers could face further fluctuations driven by the anticipated switch to summer-blended gasoline, known to typically increase prices.

Comparative State Prices

Gas prices can vary greatly by state, with California currently having the highest average in the nation at $4.81 per gallon. In stark contrast, Mississippi has the lowest recorded gas price at $2.68. These variations can reflect regional supply chains, taxes, and local market conditions.

Conclusion

In summary, Massachusetts’ average gas price of $2.94 signifies a slight decrease from the previous week, yet shows a year-over-year decline of 15%. With ongoing shifts in the economic landscape and impending seasonal changes, both consumers and businesses will need to be vigilant regarding future fuel price movements.

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STAFF HERE BOSTON WRITER
Author: STAFF HERE BOSTON WRITER

The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.

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