The Energy Information Administration (EIA) last week reported that Americans consumed 8.42 million barrels of gasoline a day, a decline of 70,000 barrels a day from the prior week and 187,000 barrels a day below last year’s figure. Just two years ago, demand was 500,000 barrels a day higher. Over the past four weeks, demand has been below last year’s levels by an average of 250,000 barrels a day.
Meanwhile, after a volatile week in the markets, oil prices are hovering in the low $60-a-barrel range, the lowest they’ve been since April 2021. Crude prices are now $10 cheaper than they were at the start of spring on worries that global demand for oil will decrease amid ongoing trade tensions. Last week, the EIA cut its forecast for global oil demand and domestic gasoline prices, citing both tariffs and plans by OPEC+ member nations to raise oil output in May.
Ample supply is also supporting downward pressure on gas prices. In the Northeast, supplies are still 6.8 million barrels above last year’s levels and stand at 59.9 million barrels.
“It’s unusual for pump prices and demand to be falling at this time of year,” said Jillian Young, director of public relations for AAA Northeast. “Typically, both gas prices and demand rise through spring ahead of the summer driving season, but uncertainty is in the driver’s seat this year.”
AAA Northeast’s April 14 survey of fuel prices found the national average down 7 cents from last week ($3.25), averaging $3.18 gallon. That price is 10 cents higher than a month ago ($3.08) and 45 cents lower than this day last year ($3.63).
| Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
| Connecticut | $3.05 | $3.09 | $3 | $3.49 |
| Massachusetts | $2.95 | $2.99 | $2.96 | $3.37 |
| New Jersey | $3 | $3.06 | $2.92 | $3.33 |
| New York | $3.10 | $3.13 | $3.12 | $3.50 |
| Rhode Island | $2.94 | $3 | $2.92 | $3.37 |
*Prices as of April 14, 2025
As of April 14, Mississippi and Oklahoma had the lowest prices in the nation, at $2.71 and $2.72, respectively. California and Hawaii held the highest prices in the nation at $4.89 and $4.51, respectively.
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.
