Home Business Massachusetts gasoline costs surge to $4.39 report excessive: ‘It’s simply brutal proper now’

Massachusetts gasoline costs surge to $4.39 report excessive: ‘It’s simply brutal proper now’

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The phrase “pain at the pump” has reached new heights within the Bay State, as drivers pay greater than ever earlier than to replenish their tanks.

Regular gasoline costs in Massachusetts surged to a record-high common of $4.39 per gallon on Monday — which was up 18 cents from final week. The state’s common gasoline worth is 7 cents greater than the nationwide common.

Diesel gasoline can also be hitting a report excessive day by day, now reaching a staggering $6.27 per gallon common within the Bay State.

“It’s just brutal right now,” stated Mark Schieldrop of AAA Northeast. “With diesel nonetheless rising to report highs day by day, it’s like common gasoline bought jealous and adopted go well with.

“It’s just a bad situation all the way around right now,” he added.

While the common in Massachusetts is $4.39 per gallon, Suffolk County’s common is $4.47, Norfolk County’s is $4.43 and Middlesex County’s is $4.42. Gas on Nantucket is a whopping $5.46.

Gas costs skyrocketed in early March amid Russia’s invasion of Ukraine, because the U.S. introduced that it’s banning Russian gasoline merchandise. The latest improve in common gasoline costs is primarily because of the excessive value of crude oil, which was hovering close to $100 a barrel final week after which approached $110.

“Inventories are at many years low, and demand has remained steady,” Schieldrop stated. “There’s simply not sufficient refining capability world wide.

“Russian products are being phased out of the markets, and Europe is scrambling to find replacement products,” he added.

Source: www.bostonherald.com”