Gas prices down three cents; drop expected to continue through holidays

Gas prices down three cents; drop expected to continue through holidays



PROVIDENCE — If you have some holiday trips coming up this week, there is some good news: you could up saving a few cents when you head to the pump.

Gasoline prices are down an average of three cents per gallon of regular this week, according to the latest data provided by AAA Northeast. The best part? Those prices could drop even further heading into the peak of the holiday travel season, especially as supplies strengthen and demands weaken.

“Nationally, gas prices are 10 cents cheaper on the month and will continue to drop as we count down the days to the holidays,” said Lloyd Albert, senior vice president of public and government affairs for AAA Northeast. “AAA expects gasoline demand to weaken throughout the winter, which translates to better prices at the pump.”

AAA Northeast’s December 11 survey of prices in Rhode Island finds self-serve, regular unleaded averaging $2.56 per gallon. Rhode Island’s price is ten cents above the national average of $2.46. A year ago at this time, the average price in Rhode Island was 34 cents lower at $2.22 per gallon.

The range in prices in the latest AAA survey for unleaded regular is 31 cents, from a low of $2.39 to a high of $2.70.

Today’s local gas prices and their ranges are as follows:

Self Serve, Grade

$2.56 ($2.39-$2.70), Regular Unleaded

$2.81 ($2.63-$2.99), Midgrade Unleaded

$3.00 ($2.68-$3.20), Premium Unleaded

$2.82 ($2.76-$2.89), Diesel

– Jason Vallee


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