Impact of Harvey causes surge in gas costs; price at the pump up 35 cents

Impact of Harvey causes surge in gas costs; price at the pump up 35 cents

Record-Journal


Rhode Islanders are paying more at the pump this week, with the impact of Hurricane Harvey causing a surge in prices nationwide and increasing costs by an average of 35 cents per gallon.

A survey of prices in Rhode Island on Tuesday found self-serve, regular unleaded averaging $2.69 per gallon, 35 cents more than last week and the highest price recorded locally in two years, according to AAA Northeast. Rhode Island’s price is four cents above the national average of $2.65. A year ago at this time, the average price in Rhode Island was 51 cents lower at $2.18.

“It’s important to remember that the high prices are not caused by gasoline supply, but by the ability to move the fuel from the Gulf coast to the eastern seaboard,” said Lloyd Albert, senior vice president of public and government affairs. “As refineries come back online and the Colonial Pipeline resumes operations, those issues will eventually be resolved. We would hope and expect that these spikes are short term and prices will soon return to their traditional post-Labor Day levels.”

The range in prices in the latest AAA survey for unleaded regular is 42 cents, from a low of $2.42 to a high of $2.84. AAA advises motorists to shop around for the best prices in their area, and to make sure they and their passengers buckle up — every time.

— Sun staff

Rhode Island gas prices

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

Self Serve, Grade

$2.69 ($2.42-$2.84), Regular Unleaded

$2.87 ($2.68-$3.00), Midgrade Unleaded

$3.12 ($2.88-$3.31), Premium Unleaded

$2.67 ($2.59-$2.79), Diesel

Source: AAA Northeast


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