, Gloucester, MA

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October 2, 2012

Business Briefcase

State gas prices

inch up a penny


BOSTON — The cost of a gallon of gasoline inched up by a penny in Massachusetts in the past week.

AAA Southern New England reports Monday that self-serve, regular is now selling for an average of $3.84 per gallon. On Cape Ann, the average price is $3.99 per gallon.

Prices are up eight cents over the past month and are now six cents per gallon above the national average of $3.78. A year ago at this time the Massachusetts average price was $3.45.

AAA found self-serve, regular selling as low as $3.59 per gallon and as high as $4.06. On Cape Ann, prices ranged on Monday afternoon from a low of $3.93 in Manchester to a high of $4.09 per gallon, also in Manchester.

To check Cape Ann gasoline prices, visit


president to visit


BOSTON — The president of the University of Massachusetts has launched his second annual statewide bus tour to mark the upcoming 150th anniversary of the five-campus system’s founding and to tout the system’s contributions to the state economy. He will be in Gloucester this morning.

Robert Caret’s four-day, 500-mile tour started Monday with jaunts to Springfield, Holyoke, Amherst and Lowell. He’s scheduled to be in Gloucester at the UMass Marine Research Center in Hodgkins Cove this morning and in Boston today; Wareham, Barnstable and Dartmouth on Wednesday; and New Bedford, Fall River and Worcester on Thursday.

The tour marks the 150th anniversary of the signing of the Morrill Land Grant Act, which resulted in the founding in 1863 of Massachusetts Agricultural College, now known as UMass-Amherst.

Caret is scheduled to visit alumni startups, business incubators, research centers and other key drivers of the state economy.

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