Gas prices in Massachusetts reach new record highs Saturday

BOSTON — Fuel costs in Massachusetts are actually 70 % increased than they have been one 12 months in the past presently.

The state set yet one more new report for the worth of normal unleaded on Saturday. It now sits at $5.04 a gallon for normal unleaded, based on AAA.

One 12 months in the past, common gasoline was $2.95. One month in the past, the worth was 59 cents decrease at $4.45

As of Saturday, the remainder of the nation was now averaging costs above $5.00 a gallon for the primary time and it marked the fifteenth consecutive day of report highs throughout the nation.

A barrel of crude oil topped $120 a barrel, based on CNN. The value was lower than $100 final month.

The prices of gasoline, meals and different requirements jumped in Might, elevating inflation to a brand new four-decade excessive and giving American households no respite from rising prices. Shopper costs surged 8.6% final month from 12 months earlier, sooner than April’s year-over-year surge of 8.3%, the Labor Division mentioned Friday.

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