RI Gas Prices Fall to Lowest Point of 2014

Gasoline prices in Rhode Island have dropped another five cents over the last week, and prices locally are now the lowest recorded by AAA at any time during 2014, according to AAA Southern New England.

AAA’s September 22nd survey of prices in Rhode Island found self serve, regular unleaded averaging $3.43, down five cents from last week. The previous low for the year was $3.44 back on February 3. Prices locally are nine cents lower than a month ago. The current price is nine cents more than the national average for regular unleaded of $3.34. A year ago at this time Rhode Island’s average price was 21 cents higher at $3.64.

“The combination of strong oil supplies and the switchover from summer grade fuel to less expensive winter blends at refineries continue to drive prices lower,” said Lloyd P. Albert, AAA Southern New England Senior Vice President of Public and Government Affairs. “This is great news for motorists who are on a budget and looking to save wherever possible.”

The range in prices in the latest local AAA survey for unleaded regular is 41 cents, from a low of $3.27 to a high of $3.68. AAA advises motorists to shop around for the best prices in their area, and to make sure they and their passengers buckle up- every trip, every time.

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

Self Serve Grade

• Regular Unleaded - $3.439 ($3.279-$3.689)

• Midgrade Unleaded - $3.689 ($3.499-$3.909) 
  
• Premium Unleaded - $3.799 ($3.599-$4.059) 
• Diesel - $3.829 ($3.739-$3.999)

Find the most up-to-date local gas prices with the AAA Fuel Finder by logging onto AAA.com and clicking on Gas Saving Tips & Tools. AAA members can also obtain a copy of the Gas Watcher’s Guide at their local AAA Southern New England office.

AAA Fuel Saving Tip of the Week

Have your vehicle serviced immediately if the emissions malfunction indicator or “check engine” light comes on.

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