Updated July 28 at 11:28am

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TRANSPORTATION

Gas prices rise for 5th consecutive week

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PROVIDENCE – Rhode Island’s gasoline prices continued to rise this week, jumping 3 cents to $3.83 per gallon in the fifth consecutive week of price increases, AAA Southern New England said Monday.

The cost of self-serve, unleaded regular averaged $3.83 per gallon in the Ocean State – up 3 cents from last week and up 28 cents over the last month – according to the trade group’s weekly survey of Rhode Island’s pump prices.

Rhode Island’s price is 5 cents greater than the $3.78 national average for a gallon of self-pump, regular unleaded.

AAA recommended drivers shop around for the best deal, as prices ranged 19 cents, from $3.76 to $3.95 for a gallon of unleaded regular.

This week, pump prices varied from $3.99 per gallon for midgrade to $4.11 for premium unleaded and $4.20 for diesel. A year ago, gas in the Ocean State cost an average $3.78 for a gallon of regular unleaded.

Gas prices in Massachusetts rose 4 cents this week to $3.77 per gallon, 1 cent below the national average of $3.78 per gallon, according to AAA.

Bay State gas prices ranged from $3.91 per gallon for midgrade unleaded to $4.05 for premium and $4.21 for diesel. A year ago at this time, the Massachusetts average price for a gallon of regular unleaded gas was $3.69.

The average nationwide cost for self-serve, regular gasoline rose 4 cents this week to $3.78 a gallon, according to the AAA website. Pump prices reached their highest recorded average price on July 17, 2008, at $4.11 per gallon.

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Comments

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Big_Daddy

Lack of fuel is not the problem,

we have plenty of raw petrolium available.

The rise in Gas Prices is due to the continuing closing of refineries, the EPA and the Obama Administration.

This in turn creates a false shortage of fuels.

Which in turn leads basically to legal price gouging.

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