standing gas pump

PROVIDENCE — A slow but steady decline in gasoline prices that began in mid-October has continued into February, with prices Monday reflecting a two cent drop over the previous week.

According to AAA Northeast, a survey of prices Monday found self-serve, regular averaging $2.30 in Rhode Island, the lowest price in the state in 18 months. The price is three cents higher than the national average of $2.27.

“The northeast continues to have some of the strongest supplies of gasoline anywhere in the country,” said Lloyd Albert, senior vice president of public and government affairs for AAA Northeast. “This has helped keep prices from rising, unlike the jumps being seen across half the nation.”

A year ago, the average price in Rhode Island was 31 cents higher at $2.61.

The range in prices in the latest AAA survey for unleaded regular is 32 cents, from a low of $2.17 to a high of $2.48.

— Jason Vallee

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