Gas prices drop 3 cents in R.I., Mass.

THE AVERAGE PRICE of regular gas in Rhode Island declined 3 cents to $2.81 per gallon this week. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
THE AVERAGE PRICE of regular gas in Rhode Island declined 3 cents to $2.81 per gallon this week. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 3 cents this week to $2.81 per gallon, level with the national average and 18 cents lower than prices at this time last year, according to AAA Northeast Monday.

Prices in the Ocean State ranged 34 cents, from $2.65 to $2.99 per gallon.

  • Midgrade gas averaged $3.09 per gallon, ranging from $2.90 to $3.29 per gallon.
  • Premium gas averaged $3.31 per gallon, ranging from $3.09 to $3.49 per gallon.
  • Diesel fuel averaged $3.09 per gallon, ranging from $2.93 to $3.45 per gallon.

“Gas prices have been trending lower now for the past month and there are no signs of pump prices changing gears toward more expensive for the summer season,” AAA Northeast Senior Vice President of Public and Government Affairs Lloyd Albert said in a statement. “One major indicator supporting this forecast is the price of crude oil, which dropped last week by $6 a barrel, one of the lowest prices of the year.”

In Massachusetts, the average price of regular gas declined 3 cents to average $2.75 per gallon, 6 cents lower than the national average and 17 cents lower than prices at this time last year.

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Prices in Massachusetts ranged 39 cents, from $.260 to $2.99 per gallon.

  • Midgrade gas in the Bay State averaged $2.97, ranging from $2.79 to $3.25 per gallon.
  • Premium gas averaged $3.15, ranging from $2.95 to $3.45 per gallon.
  • Diesel fuel averaged $3.08, ranging from $2.85 to $3.45 per gallon.