PROVIDENCE – Rhode Island’s gasoline prices increased this week, but only by a penny. The one cent rise marks the fifth consecutive week of increases, according to AAA Southern New England.
The cost of self-serve, unleaded regular averaged $3.98 per gallon in the Ocean State – 1 cent more than last week and a gain of 16 cents over last month – according to the trade group’s weekly survey of Rhode Island’s pump prices.
Prices ranged from $4.12 per gallon for midgrade unleaded to $4.21 for premium and $4.24 for diesel.
Rhode Island’s price is 7 cents above the $3.91 national average for a gallon of self-pump regular unleaded. A year ago, gas in the Ocean State cost an average $3.85 for a gallon of regular unleaded.
The range in prices for unleaded regular in the Ocean State was 20 cents, as Rhode Island consumers could find regular unleaded priced anywhere from a low of $3.88 to a high of $4.08.
Gas prices in Massachusetts rose by 2 cents over the last week to $3.90 per gallon for unleaded regular, 1 cent below the national average for self-serve unleaded.
The price bump marks Massachusetts’ fifth consecutive week of increases at the pumps.
A year ago at this time, the Massachusetts average price for a gallon of gas was $3.67.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
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