For the 19th week in a row, gas prices have dropped in Rhode Island. The average price for a gallon of regular unleaded is at $2.30. That’s a dime cheaper than it was a week ago and 45 cents lower than this time last month.
AAA of Southern New England finds Massachusetts drivers are seeing lower prices at the pump as well, with prices falling 11 cents in the past week, putting the average gallon of regular unleaded at $2.25.
Connecticut drivers are still paying more than their Rhode Island neighbors with the average gallon at $2.47.
Nearly 100 million people are expected to travel fifty miles or more this holiday season. Some four million of those will be New Englanders.
That’s up four percent from last year according to AAA. The organization reports the uptick is due to an extended holiday season, December 23 through January 4, as well as a steadily improving economy according to AAA spokesman Lloyd Albert. “Well I think we’ve been seeing such depressed travel volumes over the past three or four years, that this year we’ve been seeing a very significant uptick.”
Prices continue to fall at the pump, drivers in Rhode Island, Massachusetts and Connecticut are all paying less for an average gallon of regular unleaded.
In Rhode Island, it will cost you $2.86 a gallon, that’s a seven-cent drop from last week. Drivers in Massachusetts are paying an average $2.78 a gallon, and Connecticut drivers are paying $3.01, nine cents lower than last week.
This is the 14th straight week that the AAA survey found prices dropping in the Ocean State. A year ago, Rhode Islanders were paying 63 cents more per gallon.
The latest survey out of AAA Southern New England finds a gallon of regular unleaded is going to cost less than $3.00. It’s been four years since prices were this low.
Sure at $2.98 it’s just under $3, but that’s still 22 cents cheaper than it was a month ago. Federal officials say weak fuel demand and lower crude oil prices are keeping costs down at the pump. And drivers can expect the average price for a gallon of unleaded to stay below $3.00 next year.
Massachusetts drivers are paying a nickel less than Rhode Islanders, with an average gallon at $2.93.
As always Independence Day travel is expected to be heavy. This year will see about 41 million people moving around the country.
That’s about two percent higher than last year’s rate, which may be in part due to the holiday falling on a Friday.
In New England nearly three percent more people are expected to travel. David Raposa of AAA of Southern New England attributes the higher travel rate in New England to one thing: the region’s small size.