NEWS

AAA: High crude oil prices keep pushing gas costs

Posted 10/6/21

Rhode Island's average gas price is up 1 cent from last week, averaging $3.08 per gallon. Monday's price is 1 cent higher than a month ago, and 95 cents higher than October 4, 2020. Rhode Island's average gas price is 12 cents lower than the national

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NEWS

AAA: High crude oil prices keep pushing gas costs

Posted

Rhode Island’s average gas price is up 1 cent from last week, averaging $3.08 per gallon. Monday’s price is 1 cent higher than a month ago, and 95 cents higher than October 4, 2020. Rhode Island’s average gas price is 12 cents lower than the national average.

“Global economic uncertainty and supply chain concerns caused by the lingering COVID-19 pandemic could be playing a role in keeping crude oil prices elevated,” said Lloyd Albert, Senior Vice President of Public and Government Affairs for AAA Northeast. “But there may be some relief on the horizon due to the news that OPEC and its allies might ramp up production increases faster than previously agreed.”

AAA Northeast’s October 4 survey of fuel prices found the current national average to 2 cents higher than last week, averaging $3.20 a gallon. Today’s national average price is 2 cents higher than a month ago, and $1.02 higher than this day last year.

AAA, gas

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