R.I. pump prices continue to rise

RHODE ISLAND'S GASOLINE prices rose 8 cents this week, according to AAA Southern New England.
Posted 7/23/12

PROVIDENCE – Rhode Island’s gasoline prices rose 8 cents this week. The jump marks the second consecutive week of increases after 13 weeks of stagnant or decreasing prices, according to AAA Southern New England.

The cost of self-serve, unleaded regular averaged $3.63 per gallon in the Ocean State – up 8 cents from last week, but down 35 cents since the peak price seen on April 16 – according to the trade group’s weekly survey of Rhode Island’s pump prices.

AAA recommended consumers shop around for the best deal as the range in prices for unleaded regular in the Ocean State was 25 cents. Rhode Islanders could find regular unleaded priced anywhere from a low of $3.55 to a high of $3.80.

Rhode Island’s price is 15 cents greater than the $3.48 national average for a gallon of self-pump, regular unleaded.

Prices ranged from $3.77 per gallon for midgrade unleaded to $3.92 for premium and $3.82 for diesel.

A year ago, gas in the Ocean State cost an average $3.85 for a gallon of regular unleaded.

Gas prices in Massachusetts rose 9 cents over the last week to $3.57 per gallon for self-serve unleaded regular. The price hike is the third in a row after 11 consecutive weeks of pump price declines in the Bay State.

Massachusetts gas prices ranged from $3.75 per gallon for midgrade unleaded to $3.87 for premium and $3.83 for diesel.

A year ago at this time, the Massachusetts average price for a gallon of regular unleaded gas was $3.48.

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