Gas demand rose last week, helping to push pump prices upward locally and nationally despite a drop in oil prices.
The average gas price in Rhode Island is 5 cents higher than last week, …
This item is available in full to subscribers.
We have recently launched a new and improved website. To continue reading, you will need to either log into your subscriber account, or purchase a new subscription.
If you are a current print subscriber, you can set up a free website account by clicking here.
Otherwise, click here to view your options for subscribing.
Please log in to continue |
|
Gas demand rose last week, helping to push pump prices upward locally and nationally despite a drop in oil prices.
The average gas price in Rhode Island is 5 cents higher than last week, averaging $3.09 per gallon. Monday’s price was 3 cents higher than a month ago and 31 cents lower than Feb. 5, 2023. Rhode Island’s average gas price is 5 cents lower than the national average.
“We are in that time of year when pump prices begin to heat up, usually peaking around July,” said Mary Maguire, Vice President of Public and Government Affairs for AAA Northeast. “But unless there’s a shock to the global oil market that causes prices to spike, the national average for a gallon of gas will probably stagger higher, with some flat days or even small price dips along the way.”
AAA Northeast’s Feb. 5 survey of fuel prices found the current national average to be 4 cents higher than last week , averaging $3.14 a gallon. Monday’s national average price was 6 cents higher than a month ago and is 33 cents lower than this day last year .
Comments
No comments on this item Please log in to comment by clicking here