Gas prices in Massachusetts reached record highs, says AAA
Mass gas prices in Massachusetts have reached record highs, according to new data on Monday from AAA. The average price of regular gasoline in Bay State is now $ 4.39 per gallon, according to AAA. The national average is $ 4.32 per gallon, AAA said. The price of diesel also hit record highs in Massachusetts. The price is now $ 6.27 per gallon – that’s more than twice as much as a year ago. In Massachusetts, the average price per gallon has typically risen 18 cents in the past week. In the last month, the average has increased by 27 cents. Experts said that fluctuating oil prices and a tight gas supply are to blame for the recent rise. The price of diesel is skyrocketing It is the price of petrol station signs that many drivers do not notice, but diesel is the invisible ingredient in so many of the things people buy ̵[ads1]1; and in Massachusetts, the price of diesel has more than doubled. According to AAA, the average price of diesel in Massachusetts has risen from $ 3.03 per gallon a year ago to $ 6.27 per gallon from Friday – an increase of 107%. Warren Shaw, from Shaw Farm, said he uses diesel to power the tractors and other equipment on his dairy farm in Dracut. In addition to feeding his cows, Shaw said diesel is his biggest expense. “Diesel is really cutting the heart out of our operating budget right now,” he said. Shaw, who is also president of the Massachusetts Farm Bureau, said he has not done so. nevertheless raised milk prices. He said that the price of diesel only needs to go up by about a nickel more for him to increase the prices of milk. The effect of fuel prices on food prices does not end with farms like Shaws. The trucks that transport food to shops also run on diesel, and so do the refrigerators that the trucks pull. ” It is part of the whole inflation trend. I see the higher diesel number in almost everything I buy, because almost everything you buy is delivered by truck, and that means diesel, “said Amy Jaffee, a research professor and CEO of Climate Policy Lab at The Fletcher School at Tufts University. “Diesel prices have become so high, Shaw predicts that more oil refineries will soon switch to making that type of fuel. It will probably stabilize diesel prices, but gasoline costs will increase even more.” So none of that is good, “said Shaw. The U.S. Department of Agriculture recently predicted food prices will rise between 5% and 6% this year.
Mass gas prices in Massachusetts have reached record highs, according to new data on Monday from AAA.
The average price of regular gasoline in Bay State is now $ 4.39 per gallon, according to AAA. The national average is $ 4.32 per gallon, AAA said.
The price of diesel also broke records in Massachusetts. The price is now $ 6.27 per gallon – that’s more than twice as much as a year ago.
In Massachusetts, the average price per gallon has typically risen 18 cents in the past week. In the last month, the average has increased by 27 øre.
Experts said that fluctuating oil prices and a tight gas supply are to blame for the recent increase.
The price of diesel is skyrocketing
It’s the price of gas station signs that many drivers do not notice, but diesel is the invisible ingredient in so many of the things people buy – and in Massachusetts, the price of diesel has more than doubled.
According to AAA, the average price of diesel in Massachusetts has risen from $ 3.03 per gallon a year ago to $ 6.27 per gallon from Friday – an increase of 107%.
Warren Shaw, from Shaw Farm, said he uses diesel to power the tractors and other equipment on his dairy farm in Dracut. In addition to feeding his cows, Shaw said diesel is his biggest expense.
“Diesel is really cutting the heart out of our operating budget right now,” he said.
Shaw, who is also president of the Massachusetts Farm Bureau, said he has not yet raised milk prices. He said that the price of diesel only needs to go up by about a nickel more for him to increase the prices of milk.
The effect of fuel prices on food prices does not end with farms like Shaws. The trucks that transport food to shops also run on diesel, and so do the refrigerators that the trucks pull.
“It’s part of the whole inflation trend. I see the higher diesel figure in almost everything I buy, because almost everything you buy is delivered by truck, and that means diesel,” said Amy Jaffee, research professor and CEO. from the Climate Policy Lab at The Fletcher School at Tufts University.
Because diesel prices have become so high, Shaw predicts that more oil refineries will soon switch to making that type of fuel. It will probably stabilize diesel prices, but petrol costs will increase even more.
“So none of that is good,” Shaw said.
The US Department of Agriculture recently predicted food prices will rise between 5% and 6% this year.
