PROVIDENCE – The price of self-serve, regular unleaded gasoline in Rhode Island declined 2 cents from last week to $2.41 per gallon, 3 cents higher than the national average of $2.38 per gallon, according to AAA Northeast Monday.
“Today’s plunge in crude oil prices is in response to a lack of agreement between OPEC countries and non-OPEC countries on cutting production,” said Lloyd Albert, senior vice president of AAA public and government affairs, in a statement. “The trend of lower pump prices is likely to continue through the end of the winter driving season if crude remains cheap, especially amid concerns about the coronavirus.”
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Prices this week are 1 cent higher than they were last year. Regular prices ranged 30 cents in the state, from $2.29 to $2.59 per gallon.
- Midgrade gas averaged $2.77 per gallon, ranging from $2.57 to $2.97 per gallon.
- Premium gas averaged $2.94 per gallon, ranging from $2.77 to $3.15 per gallon.
- Diesel fuel averaged $2.92 per gallon, ranging from $2.69 to $3 per gallon.
In Massachusetts, the average price of regular gas declined 7 cents from last week to $2.36 per gallon, 2 cents below the national average and 3 cents lower year over year.
Prices ranged 80 cents from $2.09 to $2.89 per gallon.
- Midgrade gas averaged $2.73 per gallon, ranging from $2.42 to $3.19 per gallon.
- Premium gas averaged $2.89 per gallon, ranging from $2.62 to $3.45 per gallon.
- Diesel fuel averaged $2.87 per gallon, ranging from $2.59 to $3.29 per gallon.
