Gas prices decrease by 2 cents in R.I.

Gas prices decrease by 2 cents in R.I.

PROVIDENCE, R.I. — Gas prices in Rhode Island dropped two cents over the past week, AAA Northeast says.

The average price for a gallon of regular unleaded gasoline is $2.829 at self-service pumps in the Ocean State, three cents below the national average of $2.859, according to AAA’s weekly survey.

A year ago, Rhode Island drivers were paying 24 cents less, $2.589 per gallon.

“Gas prices in Rhode Island are at their lowest point since the end of April,” said Lloyd Albert, AAA Northeast senior vice president of public and government affairs. “Stable gasoline inventories, amid lower demand, have contributed to driving prices down. This week, prices will be watched closely due to concerns about U.S.-Saudi Arabia relations and upcoming U.S.-imposed sanctions on Iran’s crude exports.”

AAA’s survey found a 33-cent range in prices, from a low of $2.669 to a high of $2.999.

AAA also found the following averages for other grades of gasoline or types of fuel: $3.079 for midgrade unleaded; $3.259 for premium unleaded and $3.239 for diesel.

Published at Mon, 22 Oct 2018 17:06:18 +0000