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NEW: RI Gas Prices Skyrocket 12 Cents

Monday, February 04, 2013

 

Rhode Island gas prices are quickly rising closer and closer to four dollars per gallon.

Two weeks after the average price at the pump saw its first drop of 2013, any positive momentum was quickly thrown out the window as the latest report by AAA Southern New England reports that the state’s average price per gallon rose 12 cents in the past seven days.

Drivers in the Ocean State are now paying a staggering $3.669 per gallon for regular, unleaded gas and, according to AAA, the problem is due to recent increases in the price of crude oil.

AAA’s February 4th survey of prices in Rhode Island saw prices that were 13 cents higher than they were a month ago, though they’re not rising quite as quickly as they did at this time last year.
Rhode Island drivers have been paying well over the national average for a gallon of gas for a while now and gas is currently 14 cents above the national average of $3.52.

By comparison, last year prices were $3.58 per gallon in Rhode Island.

AAA said the state currently has a range of 26 cents per gallon of regular unleaded, from a low of $3.539 to a high of $3.799.

Midgrade prices are up seven cents from last week, to $3.829 per gallon, while premium prices saw an increase of eight cents to $3.999 and diesel prices rose to $4.099, a two-cent difference from last week.

 

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Comments:

Anyone trying to make any sense out of the merry-go-round of gas prices should abandon this frustrating exercise. Let's be honest, the whole gas price drama is simply that, a drama. There is little to no logical reason for the incessant ebb & flow of the cost of gasoline, despite the plethora of rationalizations offered by the oil industry.
Even when demand declines; prices go up. The best you can hope for is to purchase a car with high MPG, drive slower or in the alternative use mass transportation. Unfortunately, RI is not exactly leading the nation in innovative or available mass transit!

Comment #1 by Harold Stassen on 2013 02 04

I thankfully live close enough to the MASS border. I always drive in and get gas 15 to 20 cents cheaper. I have four gas stations near my house within a 16th of a mile. I refuse to pay the tax charge and other pleasantries of RI gasoline.

Comment #2 by Marc Tiberiis on 2013 02 04




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