standing gas pump

PROVIDENCE — Gasoline prices dropped another 5 cents in Rhode Island last week.

According to a Tuesday survey by AAA Northeast, prices for a gallon of regular, unleaded gasoline are averaging $2.66 in Rhode Island. The price is 2 cents higher than the national average.

“Domestic gasoline supplies soared to the highest level not seen in nearly five months, leading to price drops across much of the country,” said Diana Imondi, manager of public affairs and traffic safety for AAA Northeast. “While demand is also up, it’s not enough to stay on pace with the huge jump in gasoline stocks.”

A year ago at this time, the average price in Rhode Island was 22 cents higher at $2.88. The range in prices in the latest AAA survey for unleaded regular was 34 cents, from a low of $2.49 to a high of $2.83.

— Jason Vallee

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