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Gas prices down; GM to spend $2.2B on electric vehicles

Posted On: Jan 27, 2020   |   Posted By: Boston Herald

Gas prices down due to lower demand, ample supplies
The average price of a gallon of gasoline in Massachusetts dropped a penny in the past week, AAA Northeast announced Monday.
Self-serve, regular is now selling for an average of $2.52 per gallon, a penny lower than last week and a penny higher than the national average.
A year ago, the average per-gallon price in Massachusetts was 12 cents lower at $2.40 per gallon.
Increased total domestic supplies and lower demand have helped to ease pump prices, AAA spokeswoman Mary Maguire said.
AAA found a wide range of prices, from a low of $2.29 per gallon for regular, to a high of $3.05.
GM to invest $2.2B in Detroit to build electric vehicles
DETROIT - General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,200 people.
GM said in a statement Monday that the factory will start building the company's first electric pickup truck late in 2021, followed by a...

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