PROVIDENCE – Gasoline prices in Rhode Island and the rest of the Northeast are expected to fall by 25 cents from the summer to the fall season, AAA Northeast said on Thursday.
The company said the year-to-date average price of self-serve, regular unleaded gas in Rhode Island was $2.61 per gallon. In Massachusetts, the year-to-date average was $2.63 per gallon.
The highest average price this year in the Ocean State was in May at $2.87 per gallon, while the lowest average was in February at $2.31 per gallon.
The highest average price in Massachusetts this year was also in May, at $2.85 per gallon, while the low was in February at $2.38 per gallon.
“The cheapest gas prices of the year could be coming to a retail pump near you in the Northeast in the months ahead,” said Diana Imondi, AAA Northeast manager of public affairs and traffic safety, in a statement. “Cheap crude oil and the post-summer demand slump are among the factors that will contribute to this major shift in savings.”
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