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R.I. gasoline prices plunge 8 cents from a week ago

01:18 PM EDT on Tuesday, August 19, 2008



Journal staff report

Gasoline prices in Rhode Island are continuing a five-week slide.

The average price of regular yesterday was $3.649 a gallon, down 8 cents from a week ago, according to a weekly survey by the state Office of Energy Resources. That is down 46 cents from the peak of $4.11 on June 16. Still, the price is up 85 cents from a year ago.

A separate survey by AAA Southern New England set the average price at $3.69 a gallon.

The state survey also reported that the average price of home heating oil slipped 7 cents from $4 last week to $3.93 yesterday.

The price of diesel fuel was $4.51 a gallon, down from $4.69 a year ago.

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