Home Economy Economic Activity R.I., Mass gas prices remain steady as July Fourth travel looms

R.I., Mass gas prices remain steady as July Fourth travel looms

THE AVERAGE WEEKLY price of self-serve, regular unleaded gasoline in Rhode Island increased to $3.52 per gallon on Monday, 1 cent higher than last week and 5 cents below the national average, according to AAA Northeast. / AP FILE PHOTO/JOHN RAOUX
THE AVERAGE WEEKLY price of self-serve, regular unleaded gasoline in Rhode Island increased to $3.52 per gallon on Monday, 1 cent higher than last week and 5 cents below the national average, according to AAA Northeast. / AP FILE PHOTO/JOHN RAOUX

PROVIDENCE – The average weekly price of self-serve, regular unleaded gasoline in Rhode Island increased to $3.52 per gallon on Monday, 1 cent higher than last week but 5 cents below the national average, according to AAA Northeast. 

“The price of a barrel of crude oil has been in the $70s most days this year but is now hovering right at 70 dollars or even dipping into the high $60s,” said Diana Gugliotta, AAA Northeast director of public affairs. “This means the price at the pump is significantly lower than a year ago and is one reason AAA is projecting a record-breaking year for Fourth of July travel.” 

Midgrade gas in Rhode Island averaged $4.12 per gallon on Tuesday, while premium gas averaged $4.43 per gallon and diesel fuel averaged $4.19 per gallon. 

In Massachusetts, the average price of regular gas stayed the same as a week ago at $3.54 per gallon. 

The price of regular gas in the Bay State one year ago was $4.93 per gallon. 

Midgrade gas in Massachusetts averaged $4.05 per gallon on Tuesday, while premium gas averaged $4.40 per gallon and diesel fuel averaged $4.20 per gallon. 

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