Gas prices drop 4 cents in R.I., Mass.

GAS PRICES in Rhode Island and Massachusetts declined 4 cents this week. / BLOOMBERG NEWS FILE PHOTO/PAUL THOMAS
GAS PRICES in Rhode Island and Massachusetts declined 4 cents this week. / BLOOMBERG NEWS FILE PHOTO/PAUL THOMAS

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 4 cents this week to $2.72, 4 cents higher than the national average of $2.68 and 21 cents lower than prices at this time last year, according to AAA Northeast Monday.

Prices in the Ocean State ranged 30 cents, from $2.58 to $2.88 per gallon.

  • Midgrade gas averaged $3 this week, ranging from $2.89 to $3.19 per gallon.
  • Premium gas averaged $3.22 per gallon, ranging from $3.09 to $3.39 per gallon.
  • Diesel fuel averaged $3.04 per gallon, ranging from $2.89 to $3.39 per gallon.

“The decline in prices is unusual for this time of year as prices usually trend higher during the summer months due to increased demand,” Senior Vice President of Public and Government Affairs for AAA Northeast Lloyd Albert said in a statement. “This year, however, growing gasoline inventories are contributing to relief at the pump as we head into summer.”

In Massachusetts, the average price of regular gas declined 4 cents to $2.67 per gallon, 1 cent lower than the national average and 20 cents less than the average price one year prior.

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Prices in Massachusetts ranged 56 cents from $2.49 to $3.05 per gallon.

  • Midgrade gas in the Bay State averaged $2.88, ranging from $2.85 to $3.24 per gallon.
  • Premium gas averaged $3.06 per gallon, ranging from $2.99 to $3.45 per gallon.
  • Diesel fuel averaged $3.02 per gallon, ranging from $2.73 to $3.89 per gallon.