R.I. gas prices fall 3 cents this week

GAS PRICES IN RHODE ISLAND decreased 3 cents this week. / BLOOMBERG FILE PHOTO/LUKE SHARRET
GASOLINE PRICES IN RHODE ISLAND decreased 3 cents this week. / BLOOMBERG FILE PHOTO/LUKE SHARRET

PROVIDENCE – Prices for self-serve, regular unleaded gasoline dropped 3 cents this week to $2.25 per gallon, according to AAA Northeast.

Gas prices in the Ocean State range 40 cents, from $2.10-$2.50 per gallon.

Gas prices in Rhode Island are 1 cent higher than the national average this week, but 3  cents lower than in-state prices one year ago.

“The combination of tepid demand, and increased gasoline and crude oil output continues to put downward pressure on gas prices,” said Lloyd Albert, senior vice president of public and government affairs for AAA Northeast. “While holiday gasoline demand is likely to reach new highs, it will probably not be enough to cause a significant increase on the price of gasoline in the coming week.”

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Prices for self-serve, regular, unleaded gasoline in Massachusetts decreased 2 cents this week to $2.19 per gallon, 5 cents below the national average. The average price of gas in Massachusetts is 3 cents lower than this time last year. Prices in the Bay State range 37 cents, from $2.04-$2.41.

Chris Bergenheim is the PBN web editor.

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