Oversupply, high inventories lower gas prices in R.I., Mass.

THE AVERAGE WEEKLY price of self-serve, regular unleaded gasoline in Rhode Island decreased 5 cents to $2.97 per gallon. That price is 12 cents lower than the national average, AAA Northeast said on Monday.  /ASSOCIATED PRESS FILE PHOTO/DAVID ZALUBOWSKI

PROVIDENCE – The average weekly price of self-serve, regular unleaded gasoline in Rhode Island decreased 5 cents to $2.97 per gallon. That price is 12 cents lower than the national average, AAA Northeast said on Monday.  Ballooning inventories, falling oil prices and demand trailing expectations have Northeast gasoline prices falling at a time when they’d normally be

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