R.I., Mass. gas prices drop 4 cents this week

THE AVERAGE PRICE of regular gas in Rhode Island decreased 4 cents to $2.42 per gallon this week. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
THE AVERAGE PRICE of regular gas in Rhode Island decreased 4 cents to $2.42 per gallon this week. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island declined 4 cents this week to $2.42 per gallon, 19 cents higher than the national average of $2.23 per gallon and 11 cents lower than this time last year, according to AAA Northeast on Monday.

“The lowest gasoline demand in nearly two years continues to drive prices lower,” stated Lloyd Albert, AAA Northeast senior vice president of public and government affairs. “At the same time, the global crude oil market continues to be oversupplied, which has led to lower oil prices. This is good news for motorists filling up at the pump.”

Prices ranged 31 cents from a low of $2.29 to a high of $2.60 per gallon.

  • Midgrade gas averaged $2.66 per gallon, ranging from $2.49 to $2.81 per gallon
  • Premium gas averaged $2.88 per gallon, ranging from $2.69 to $3.01 per gallon
  • Diesel fuel averaged $3.09 per gallon, ranging from $2.89 to $3.27 per gallon

In Massachusetts, the average price of regular gas also declined 4 cents, to $2.49 per gallon, 26 cents higher than the national average and 1 cent higher than this time last year.

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Prices in Massachusetts ranged 70 cents, from a low of $2.19 to a high of $2.89 per gallon.

  • Midgrade gas in the Bay State averaged $2.86, ranging from $2.53 to $3.15 per gallon
  • Premium gas averaged $2.99, ranging from $2.61 to $3.35 per gallon
  • Diesel fuel averaged $3.07, ranging from $2.79 to $3.35 per gallon