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Most Drivers Make Changes to Save Money Even as Gas Prices Continue to Fall


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The average gasoline price in Massachusetts fell 12 cents week-over-week on Tuesday.

Gas prices in Massachusetts continue to fall this week. The Associated Press

The average gasoline price in Massachusetts fell another 12 cents week over week on Tuesday, continuing the downward trend of recent weeks.

Even so, according to an AAA survey, American drivers are changing their driving habits to save money in response to high gas prices.

The average gasoline price in Massachusetts on Tuesday was $4.508 per gallon for regular unleaded gasoline, down from $4.62 per gallon a week earlier, according to AAA’s gas price tracker.

This continued the trend of the previous week, in which gasoline prices fell 11 cents week-over-week.

Gas prices are also significantly lower than they were a month ago, when the average was $4.937 per gallon.

AAA said in a press release on Monday that the steady decline in prices is due to weak domestic demand for gasoline and oil prices that remain in the mid-$90s a barrel.

The price of gasoline at the pump has fallen every day since hitting a record national average of $5.01 on June 14, AAA said.

“Consumers appear to be easing the pressure on their wallets as they take advantage of fuel prices down 11% since their peak in mid-June,” said Mary Maguire, director of public and government affairs at AAA North. -Is, in the release.

“And there are reasons to be cautiously optimistic that prices at the pump will continue to fall in the near term, particularly if the world price of oil does not rise. But the overall situation remains very volatile.

Gas prices are still far from the lows reached in the first two years of the COVID-19 pandemic. A year ago on Tuesday, gasoline prices were exactly $1.50 lower per gallon.

Perhaps that’s why a national AAA survey released on Tuesday found that 88% of drivers drive less to save money on gas.

The survey also found that 74% of drivers are combining more errands and 54% are doing fewer errands and dining out due to high gas prices.

Around 30% of drivers said they put off major purchases and vacations to save money, while a quarter said they put less money aside to save.

While around 15% said they carpool or use a more fuel-efficient vehicle due to high gas prices, only 5% said they used public transport more often and only 2% said that they opted for an electric vehicle.

Most Drivers Make Changes to Save Money Even as Gas Prices Continue to Fall
A national AAA survey of drivers asked what changes they were making in response to high gas prices. –AAA

These survey results match the results of a March 2022 AAA national survey that looked at how much gas prices are expected to rise before drivers change their driving habits.

At that time, 59% of drivers said they would change their driving habits or lifestyle if the cost of gas rose to $4 a gallon. If gasoline were to hit $5.00 a gallon, 75% said they would change their lifestyle to offset the price of gasoline.

The average gasoline price in Massachusetts continues to be above the national average, which was $4.327 per gallon on Tuesday.

The average gas price in the country is also falling more drastically than the average gas price in Massachusetts. By Tuesday, it had fallen about 17 cents week-over-week.

Nantucket and Dukes counties continue to have the highest gasoline prices in Massachusetts, with the counties averaging $5.837 and $5.412 per gallon on Tuesday, respectively.

This week, Hampden and Franklin counties had the lowest gasoline prices in the state, averaging $4,247 and $4,319 per gallon, respectively.



Boston

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