PROVIDENCE – Self-serve, regular unleaded gas prices in Rhode Island held at $2.61 per gallon this week, 3 cents above the national average of $2.58 per gallon, according to AAA Northeast Monday.
Prices in the Ocean State ranged 25 cents from a low of $2.49 to a high of $2.74 per gallon. Last year at this time, prices were 38 cents lower at $2.23 per gallon.
- The average price of midgrade unleaded gasoline this week averaged $2.94 per gallon, ranging from $2.84 to $3.06 per gallon.
- Premium unleaded gas averaged $3.06 per gallon, ranging from $2.89 to $3.16 per gallon.
- Diesel fuel in Rhode Island averaged $3.08 this week, ranging from $3 to $3.16 per gallon.
In Massachusetts, prices for regular gas increased 3 cents this week to $2.56 per gallon, 2 cents below the national average. Prices ranged 34 cents from a low of $2.45 to a high of $2.79 per gallon. Last year at this time, regular gasoline was 37 cents lower at $2.19 per gallon.
“The rise in prices in Massachusetts stands in contrast with much of the country, which this week is seeing stable or declining prices,” said Mary Maguire, director of public and legislative affairs for AAA Northeast. “The continuing growth in U.S. crude oil production may give the market some pause as it continues to assess the long-term impact of OPEC’s production reduction agreement, which remains in effect through the end of 2018.”
- Midgrade gas in Massachusetts this week averaged $2.78 per gallon, ranging from $2.58 to $2.99 per gallon.
- Premium gasoline averaged $2.97 this week, ranging from $2.68 to $3.25 per gallon.
- Diesel fuel averaged $2.96 in the Bay State, ranging from $2.80 to $3.09 per gallon.