R.I., Mass. gas prices close in on national average with 1 cent drop
BLOOMBERG FILE PHOTO/ANDREW HARRER
GAS PRICES fell a penny in Rhode Island and Massachusetts, bringing the states' respective averages to $3.70 and $3.66 for a gallon of self-serve, unleaded regular. The national average was unchanged at $3.65 per gallon.
PROVIDENCE – Gas prices dropped a penny in Rhode Island and Massachusetts this week, but Rhode Island’s average remained greater than national gasoline prices, according to the weekly survey by AAA Southern New England.
A gallon of self-serve, unleaded regular gas averaged $3.70 in Rhode Island in the May 19 survey, a decline of 1 cent from the price a week ago. Similarly, in Massachusetts, the average price for self-serve, unleaded regular fell 1 cent compared with last week to $3.66 per gallon.
Rhode Island and Massachusetts’ respective average prices both came in 5 cents higher than the averages in those states a month ago. A year ago, the same gas cost $3.57 per gallon in Rhode Island and $3.49 per gallon in Massachusetts.
Self-serve, unleaded regular varied in price from $3.64 to $3.79 across the Ocean State in the survey. The average per-gallon prices for different grades of gas ranged from $3.88 for mid-grade unleaded to $3.99 for premium unleaded to $4.03 for diesel.
Self-serve, unleaded regular ranged in price across Massachusetts from $3.55 to $3.80 per gallon. Mid-grade unleaded averaged $3.85 this week, while premium unleaded cost an average of $3.97 per gallon, and diesel posted an average price of $4.07 per gallon.
The national average price for a gallon of unleaded regular remained unchanged this week at $3.65, 1 cent lower than the Massachusetts average and 4 cents lower than Rhode Island’s average.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.