The price at the pump continued its descent last week, falling 4 cents from the previous survey to $3.13 a gallon, according to AAA New England.

The auto club points out that prices fell even though demand was slightly up during the week, according to Energy Department data. That’s because overall demand remains down this season.

The price of gas in Massachusetts is seven cents higher than the national average, $3.06 a gallon, according to AAA.

“The national average for a gallon of gas is very close to a flat $3 a gallon and we’re not far behind here in the Northeast,” said Mark Schieldrop, Senior Spokesperson for AAA Northeast. “But prices might waffle a bit on weather-related concerns and the potential for escalating tensions in the Middle East, which so far, have not had a lasting impact on oil prices.”

Hyundai offers up to $7,500 EV cash bonus

Hyundai Motor Co. will give as much as $7,500 in cash bonuses for electric-vehicle buyers in the US, seeking to keep its cars competitive with automakers qualifying for tax credits under President Joe Biden’s Inflation Reduction Act.

The discounts apply to the Ioniq 5, Ioniq 6 and Kona Electric, and the month-long incentive will last through Jan. 31, according to the Korean automaker’s website. Hyundai’s EVs couldn’t meet the requirements under the clean vehicle tax credit program, which aims to encourage domestic production of EVs and components.

Without any operational EV factory in the US, Hyundai is building an EV plant in Georgia that could start assembly as soon as the end of 2024. Hyundai and affiliate Kia sold a total of 69,259 battery-powered vehicles in the US in 2023, the second-biggest EV maker behind Tesla Inc., according to BloombergNEF.