R.I. gas prices fall 2 cents

GAS PRICES IN Rhode Island fell 2 cents this week to $2.28 per gallon, 1 cent more than the national average. / BLOOMBERG FILE PHOTO/LUKE SHARRETT
GAS PRICES IN Rhode Island fell 2 cents this week to $2.28 per gallon, 1 cent more than the national average. / BLOOMBERG FILE PHOTO/LUKE SHARRETT

PROVIDENCE – Prices for self-serve, regular unleaded gasoline decreased 2 cents this week to $2.28 per gallon, 1 cent more than the national average.

State gas prices are 2 cents lower than this time last year. Self-serve, regular unleaded gas prices in Rhode Island range 30 cents from a low of $2.10 to a high of $2.40 per gallon.

“Last week, the Energy Information Administration noted that United States refinery capacity has increased by 659,000 barrels per day since mid-August 2015, which is the equivalent of building a new refinery,” Lloyd Albert, senior vice president of public and government affairs for AAA Northeast, said in a release. “Prices nationally have fallen for 24 consecutive days.”

Prices for self-serve, regular unleaded gas in Massachusetts decreased 1 cent this week to $2.21 per gallon, 6 cents below the national average and 5 cents less than this time last year. Prices for self-serve, regular unleaded gas in Massachusetts range 40 cents from $2.02 – $2.42 per gallon.

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Chris Bergenheim is the PBN web editor.

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