Weekly figures reported by the Energy Information Administration (EIA) last week suggest that the summer driving season made a pit stop after the holiday weekend with demand for gasoline falling more than 1.1 million barrels a day from the prior week to 8.26 million barrels a day. While demand typically falls in the days following a holiday weekend, markets were rattled by the lower-than-expected reading, which sent wholesale gasoline prices lower immediately after the EIA released its report.
With the weak demand came a sizable build up of inventory as domestic production continues to flirt with record levels. Refiners, last week, increased their capacity utilization — a measure of how much refinery output potential is being used — to 93.4%, up from 90.1% a week before. Inventories of gasoline across the country swelled by 5.2 million barrels, with a whopping 3.4 million of those landing in the Northeast, according to EIA data. Meanwhile, the EIA said domestic oil production in May averaged 13.46 million barrels a day, just slightly behind the record 13.48 million barrels a day set in March.
“After strong demand leading up to Memorial Day, markets deflated last week after weaker-than-expected demand readings sparked fears about the strength of the summer driving season,” said Jillian Young, director of public relations for AAA Northeast. “While it’s too early to tell how the rest of the summer will play out, folks who are traveling now will enjoy substantially lower pump prices than last year.”
AAA Northeast’s June 9 survey of fuel prices found the current national average down 2 cents from last week ($3.14), averaging $3.12 per gallon. The June 9 national average price was 2 cents lower than a month ago ($3.14) and 32 cents lower than this day last year ($3.44).
| Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
| Connecticut | $3.08 | $3.09 | $3.06 | $3.58 |
| Massachusetts | $2.99 | $3 | $2.97 | $3.47 |
| New Jersey | $2.98 | $3.01 | $2.98 | $3.43 |
| New York | $3.10 | $.3.11 | $3.10 | $3.62 |
| Rhode Island | $2.97 | $2.98 | $2.96 | $3.44 |
*Prices as of June 9, 2025
As of June 9, Mississippi and Oklahoma had the lowest prices in the nation at $2.62 and $2.69, respectively. California and Hawaii held the highest prices in the nation at $4.70 and $4.46, 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.
