The lower prices for gasoline come at a time when demand for gasoline is staying strong, according to the latest figures from the Energy Information Administration (EIA). Demand reached a robust 8.9 million barrels a day last week, the EIA reported – an increase of 150,000 barrels a day over the prior week. While domestic gasoline output climbed slightly, the higher demand, coupled with higher exports, led to inventories tightening by 1.1 million barrels a day and now sit about 3.5 million barrels below last year’s levels.
As gasoline prices fell, oil prices rose last week to levels not seen since August after increased geopolitical tensions, centered on Russia. The United States continues to pressure European and Asian countries to curtail imports of Russian refined products, which could be a catalyst for higher U.S. exports of both crude and refined products. Meanwhile, Russian authorities moved to curb exports out of the country following Ukrainian drone attacks on Russian oil infrastructure. Time will tell if the higher cost of crude has an impact on pump prices over the long term.
“Pump prices across the Northeast are following the seasonal trend of declining with the arrival of winter blended fuel,” said Mark Schieldrop, senior spokesperson for AAA Northeast. “But higher oil prices could slow the pace of price declines, especially if demand stays strong and inventories continue to decline.”
AAA Northeast’s Oct. 3 survey of fuel prices found the current national average up a penny from last week ($3.14), averaging $3.15 per gallon. Today’s national average price is 4 cents lower than a month ago ($3.19) and this day last year ($3.19).
| Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
| Massachusetts | $3.07 | $3.08 | $3.08 | $3.06 |
| Rhode Island | $3.04 | $3.08 | $3.10 | $2.96 |
| Connecticut | $3.12 | $3.15 | $3.14 | $3.07 |
| New York | $3.19 | $3.21 | $3.18 | $3.23 |
| New Jersey | $3.06 | $3.10 | $3.09 | $2.97 |
*Prices as of Oct. 3, 2025
The AAA Gas Prices website is your resource for up-to-date fuel price information. Search for average gas prices on national, state and metro levels by regular, plus, premium and diesel.
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The whole price of gasoline fell to 1.87 a gallon as of October 3rd. The article states the price went up. I dont see that at all.