PROVIDENCE — Gasoline prices in Rhode Island are up 8 cents this week, according to AAA Northeast. The good news? It could be worse.
The price for a gallon of self-serve, unleaded gasoline in Rhode Island had reached an average of $2.63 on Monday, an 8-cent increase over a week ago. The price was still nearly 20 cents lower than the national average of $2.83 per gallon as refineries continue to switch over to summer blends.
“Spring gas prices continue to climb as the switchover to summer blend gasoline, which is more expensive to produce, becomes more prevalent,” said Lloyd Albert, senior vice president of public and government affairs for AAA Northeast. “Demand has skyrocketed in the last few weeks, and while prices locally are significantly below the national average, they are still up 21 cents since the start of the year.”
A year ago at this time, the average price in Rhode Island was 2 cents higher at $2.65.
The range in prices in the latest AAA survey for unleaded regular is 40 cents, from a low of $2.49 to a high of $2.89.