R.I. gas prices decline 5 cents this week

THE AVERAGE PRICE of regular gas in Rhode Island declined 5 cents this week. / BLOOMBERG FILE PHOTO/PAUL THOMAS
THE AVERAGE PRICE of regular gas in Rhode Island declined 5 cents this week. / BLOOMBERG FILE PHOTO/PAUL THOMAS

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 5 cents this week to $2.66 per gallon, according to AAA Northeast Tuesday.

The average price of regular gas in Rhode Island was 2 cents higher than the national average of $2.64 per gallon and 22 cents lower than prices at this time last year.

Prices ranged 34 cents from $2.49 to $2.83 per gallon.

  • Midgrade gas averaged $2.98 per gallon, ranging from $2.79 to $3.19 per gallon.
  • Premium gas averaged $3.16 per gallon, ranging from $2.99 to $3.39 per gallon.
  • Diesel fuel averaged $3.03 per gallon, ranging from $2.89 to $3.35 per gallon.

“Domestic gasoline supplies soared to the highest level not seen in nearly five months, leading to price drops across much of the country,” said AAA Northeast Manager of Public Affairs & Traffic Safety Diana Imondi in a statement. “While demand is also up, it’s not enough to stay on pace with the huge jump in gasoline stocks.”

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In Massachusetts, the average price of gas declined 4 cents this week to $2.64 per gallon, level with the national average. Prices in the Bay State were 19 cents higher at this time last year.

Prices ranged 66 cents, from $2.39 to $3.05 per gallon.

  • Midgrade gas averaged $2.89 per gallon, ranging from $2.71 to $3.25 per gallon.
  • Premium gas averaged $3.07 per gallon, ranging from $2.89 to $3.45 per gallon.
  • Diesel fuel averaged $2.97 per gallon, ranging from $2.69 to $3.39 per gallon.

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