PROVIDENCE — The price of gas is on the rise in Rhode Island and recent world events that have created tension between the U.S. and Iran could further impact prices in the coming weeks, according to AAA.
A Monday survey of gas prices in the state found self-serve, regular unleaded averaging $2.57 per gallon, representing an increase of seven cents over the past week. Rhode Island’s price remains a penny below the national average of $2.58.
Lloyd Albert, senior vice president of public and government affairs for AAA Northeast, said the latest increase was anticipated, at least in the short term, following the death of Qassem Soleimani, Iran's top military leader.
“Crude oil prices are moving higher following the death of (Soleimani), and was to be expected,” Albert said. “The long-term impact to consumers at the pump will be dependent on how expensive crude oil prices become and the duration of any increase.”
A year ago at this time, the average price in Rhode Island was 15 cents lower at $2.42 per gallon.
The range in prices in the latest AAA survey for unleaded regular is 34 cents, from a low of $2.45 to a high of $2.79.
— Jason Vallee