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Massachusetts Gas Prices Hit Record Highs Above $4

By Markets Desk · 2026-09-19 · Updated 2026-09-19 10:26 UTC
A fuel pump nozzle resting on a concrete surface next to a row of parked cars
Illustration: Tradingbird

Massachusetts gas prices have set a new monthly record at $4.12, outpacing the national average which stayed above $4.00 throughout August due to geopolitical supply constraints and rising demand. Drivers in areas like Cape Cod are facing prices exceeding $4.18, representing a 27-30% year-over-year increase that highlights the persistent strain on household energy budgets.

  • GN auto markets/energy reports that August became the first month in history where the national average never dipped below $4.00, driven by WTI crude hovering near $82.23 and tightening supplies in the Strait of Hormuz. Regional data shows Cape Cod drivers facing the steepest hikes at $4.18-$4.20 per gallon, while demand surges to 9 million barrels per day continue to outpace domestic supply drops.

    Source: The Cool Down

  • The statewide average for regular gasoline in Massachusetts reached $4.12 in August, a level that marks a new monthly record. This figure represents a significant jump from the previous year and reflects broader national trends in fuel costs.

    Source: Yahoo
Based on reporting by Yahoo and The Cool Down, compiled by the Tradingbird desk.

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