By Staff

BOSTON (CBS) — Gas prices are holding steady in Massachusetts and nationwide after several weeks of increases. The average cost in the state is $2.76 per gallon, the same as last week, according to AAA.

The average gas price in Massachusetts is 10 cents lower than the national average, which fell two cents to $2.86.

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“Growing supplies and cheaper crude oil prices are putting downward pressure on pump prices for the majority of motorists,” said AAA Northeast’s Mary Maguire in a statement. “These are positive signs that less expensive gas prices could be around the corner, but not enough to indicate a steady trend just yet.”

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The cost of gas in Massachusetts is 12 cents higher than one month ago and 65 cents higher than at this time last year.

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