transportation

Gas prices fall, futures surge

BLOOMBERG NEWS FILE PHOTO ANDREW HARRER
GASOLINE prices in Rhode Island shed 5 cents on Monday, according to AAA Southern New England.
Posted 11/28/11

PROVIDENCE – Gasoline prices in Rhode Island shed 5 cents on Monday, according to AAA Southern New England.

Gasoline futures surged as equities jumped after sales in the U.S. reached a Thanksgiving holiday record and the dollar declined on speculation European leaders will step up efforts to control the region’s debt crisis, Bloomberg News reported.

Gasoline for December delivery increased 7.8 cents, or 3.2 percent, to $2.5269 a gallon at 9:34 a.m. on the New York Mercantile Exchange, Bloomberg said. The National Retail Federation reported Sunday that holiday sales increased 16 percent.

The auto club’s Nov. 28 survey found the average price of self-serve, regular gasoline at Ocean State stations was $3.42 per gallon, 12 cents above the national average. A year ago, it was 37 cents lower, at $3.05.

In Massachusetts, self-serve, regular gasoline was $3.32, down two pennies from last week.

At stations in Rhode Island this week, the survey found average self-serve prices of $3.65 per gallon for midgrade unleaded, $3.78 for premium unleaded gasoline and $3.97 for diesel.

Calendar
PBN Hosted
Events

Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot early!
  • Best Places to Work
    Enrollment is now open for the 7th annual Best Places to Work program. Winners w ...
  • Manufacturing Awards
    Applications are now being accepted for the 2nd Annual Manufacturing Awards. Dea ...
Advertisement
Purchase Data
Book of Lists
Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  •  
  • Purchase an e-File of the entire Book of Lists database
  •  
  • Purchase a printed copy of the Book of Lists
  •  
    National
    Local
    Latest News
    Advertisement