Pump prices drop in R.I., Mass.

Rhode Island’s gasoline prices fell this week for the first time in four weeks, dropping 4 cents from last week, AAA Southern New England reported Monday. More

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Pump prices drop in R.I., Mass.

BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
THE AVERAGE cost of a gallon of self-serve unleaded regular fell 4 cents this week in Rhode Island after four consecutive weeks of price increases or stagnation.
Posted 7/1/13

PROVIDENCE – Rhode Island’s gasoline prices fell this week for the first time in four weeks, dropping 4 cents from last week, AAA Southern New England reported Monday.

The cost of self-serve, unleaded regular averaged $3.57 per gallon in Rhode Island – down 4 cents from last week and 3 cents over the course of the month, according to the trade group’s weekly survey of the area’s pump prices.

Rhode Island’s price is currently 8 cents higher than the $3.49 national average for a gallon of self-pump, regular unleaded.

AAA recommended drivers shop around for the best deal, as prices ranged 34 cents from $3.46 to $3.80 for a gallon of unleaded regular in Rhode Island.

This week, pump prices varied from $3.81 per gallon for midgrade to $3.95 for premium unleaded and $3.90 for diesel.

A year ago, gas in the Ocean State cost 9 cents less, at an average $3.48 for a gallon of regular unleaded.

The average pump price in Massachusetts fell 4 cents this week to $3.46 per gallon, “good news for motorists just in time for the business holiday weekend,” said AAA.

Bay State gas prices are currently 3 cents below the national average, according to AAA. Massachusetts’ gas prices have fallen 5 cents over the past month.

Bay State gas prices ranged from $3.68 per gallon for midgrade unleaded to $3.81 for premium and $3.86 for diesel.

A year ago, the Massachusetts average price for a gallon of regular unleaded gas was $3.37.

The average nationwide cost for self-serve, regular gasoline dropped 84 cents this week to $3.57 a gallon, according to the AAA website. Pump prices reached their highest recorded average price on July 17, 2008, at $4.11 per gallon.

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