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R.I., Mass. fuel costs climb because of rising crude oil costs


THE AVERAGE PRICE of self-serve, common unleaded gasoline in Rhode Island elevated 9 cents week to week to $4.18 per gallon on Monday. / AP FILE PHOTO/JOHN RAOUX

PROVIDENCE – The common value of self-serve, common unleaded gasoline in Rhode Island elevated to $4.18 per gallon, 9 cents greater than final week and 1 cent decrease than the nationwide common, AAA Northeast mentioned on Monday.       

The company blamed the newest improve totally on the excessive value of crude oil. The value of a barrel of crude continues to hover round $100. With the oil value accounting for about 60% of pump costs, the nationwide common for a gallon of standard gasoline is now $4.19, a rise of seven cents since Monday, April 25. 

 “As long as the supply remains tight, it will be hard for crude oil prices to fall and consumers will in turn face higher prices at the pump,” Lloyd Albert, senior vice chairman of public and authorities affairs for AAA Northeast, mentioned in a press release. “It now costs drivers in the U.S. about $23 more to fill up than a year ago.” 

One yr in the past, the typical value for normal unleaded gasoline in Rhode Island was $2.83 per gallon.   

Midgrade fuel in Rhode Island averaged $4.55 per gallon Monday.  

Premium fuel averaged $4.81 per gallon. 

Diesel gas averaged $5.89 per gallon. 

In Massachusetts, the typical value of standard fuel elevated 8 cents week to week to $4.21 per gallon. 

One yr in the past, the typical value for normal unleaded gasoline in Massachusetts was $2.79 per gallon. 

Midgrade fuel in Massachusetts averaged $4.53 per gallon Monday. 

Premium fuel averaged $4.77 per gallon. 

Diesel gas averaged $5.89 per gallon. 

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