Last Update: Nov 21 @ 12:30 AM

Economy

AAA: R.I. gas prices fall 10˘ to $3.589

BLOOMBERG NEWS / TONY AVELAR
NATIONWIDE, the average price of self-serve regular gasoline fell 6˘ over the past week to $3.689 per gallon, AAA found. Above, David Wax fills his car at an Arco station in Redwood City, Calif.

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PROVIDENCE – “Labor Day travelers will see a continued reduction in gas prices locally, as another 10-cent drop in Rhode Island leaves [local] prices more than 50 cents per gallon cheaper than in early July,” AAA Southern New England wrote today in its weekly fuel-price report.

AAA’s Aug. 25 survey of prices at Ocean State stations found self-serve, regular unleaded gasoline averaging $3.589 per gallon, down 10 cents from the Aug. 18 survey, 15 cents over the past two weeks and 52 cents from the local record of $4.10, registered in the auto club’s July 7 survey. But the price was still 90 cents higher than the year-ago local average of $2.689 per gallon.

Nationwide, the average price of self-serve regular today was $3.689, 6 cents below the $3.749 average price in AAA’s Aug. 18 fuel-price survey. In Massachusetts, the price fell 8 cents over the past week to $3.629 per gallon, or 46 cents below the Bay State’s July 7 record high of 4.089, the auto club said.

The range in self-serve prices for unleaded regular at Rhode Island stations this week was 24 cents, from a low of $3.419 to a high of $3.699, AAA said. Similar ranges were seen for other grades of fuel, which had average self-serve prices of $3.719 for midgrade unleaded (down 10 cents over the past week); $3.819 for premium (down 11 cents); and $4.489 for diesel (down 8 cents).

AAA Southern New England is a nonprofit auto club providing travel, insurance, finance and auto-related services to more than 2 million local members with 34 offices in Rhode Island and Massachusetts. To find the most up-to-date self-service and full-service gasoline prices in a given area, go to www.AAA.com and click on Gas Saving Tips & Tools.

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