Gas prices in Rhode Island are on the rise. The price for regular, unleaded gasoline was to $2.40 per gallon by Monday, a four cent increase over the previous week and an 11 cent rise in price over the past three weeks now.
Prices could continue to rise in coming weeks as well — but officials said that shouldn’t be much of a concern to consumers.
“Increasing demand, fluctuating oil prices, and decreasing supplies have combined to drive gas prices up across the country,” said Lloyd Albert, senior vice president of public and government affairs for AAA Northeast.
“Pump prices may continue to increase in coming weeks, but AAA does not expect this year’s high to be nearly as expensive as last year’s national peak price of $2.97.”
Rhode Island’s price is seven cents lower than the national average for regular unleaded of $2.47. A year ago at this time, the average price in Rhode Island was thirteen cents higher at $2.53.
The range in prices in the latest AAA survey for unleaded regular is 32 cents, from a low of $2.27 to a high of $2.59.