Gas Prices Reach $2 Mark with Another 7-Cent Increase

​For the second consecutive week, gasoline prices in Rhode Island have jumped seven cents, and are closing in on $2.00 for the first time since early January, according to AAA Northeast.

AAA’s March 28 survey of prices in Rhode Island finds self-serve, regular unleaded averaging $1.99 per gallon, seven cents higher than last week. Prices have now risen four straight weeks, 25 cents per gallon over that time. Rhode Island’s price is five cents below the national average for regular unleaded of $2.04. A year ago at this time, the average price in Rhode Island was 37 cents higher at $2.36.

“Rebounding crude oil prices, seasonal increases in fuel demand and reduced production due to refinery maintenance continue to be major factors in higher pump prices,” said Lloyd P. Albert, AAA Senior Vice President of Public and Government Affairs.

The range in prices in the latest AAA survey for unleaded regular is 20 cents, from a low of $1.87 to a high of $2.07. AAA advises motorists to shop around for the best prices in their area, and to make sure they and their passengers buckle up — every time.

Today’s local gas prices and their ranges are as follows:

Regular Unleaded                                                 
$1.99 ($1.87-$2.07)
 
Midgrade Unleaded                                                                        
$2.22 ($2.08-$2.49)

Premium Unleaded                                                       
$2.40 ($2.28-$2.67)

Diesel                                                          
$2.11 ($1.87-$2.24)
                                                                                       
Find the most up-to-date local gas prices with the AAA Fuel Finder by logging onto AAA.com and clicking on Gas Saving Tips & Tools.