Gasoline prices in Massachusetts are at their lowest point in 12 years according to Triple-A Northeast.
Triple-A reports in its weekly survey that the price of self-serve, regular unleaded is averaging $2.20 per gallon, down one cent from a week ago. That price is six cents below the national average for regular unleaded and five cents lower than the in-state price one year ago.
Triple-A found a range in the price for unleaded regular of 40 cents, from a low of $2.01 to a high of $2.41.
Triple-A cites record refinery production rates and high gasoline and crude oil inventory among the contributing factors for the lowest in-state prices in more than a decade.