PROVIDENCE – With crude oil prices hitting their highest levels since 2013, gasoline prices began the year with a price increase, according to AAA Northeast. The per-gallon price of self-serve, regular gasoline in Rhode Island increased 2 cents in the last week, while it rose 5 cents in Massachusetts, according to the 5.2 million-member auto club with offices in Rhode Island, Connecticut, Massachusetts, New Jersey, New Hampshire and New York.
The price of gas in the Ocean State – $2.53 per gallon – is 4 cents higher than the national average of $2.49. A year ago, it was $2.35 per gallon. One factor driving up the price of crude oil is the increased need for home heating oil seen during the cold winter weather, according to Lloyd Alpert, AAA Northeast senior vice president of public and government affairs. A month ago Alpert expected prices to fall through the winter on weakened demand.
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Midgrade unleaded gasoline averaged $2.79 per self-serve gallon across Rhode Island, while premium unleaded and diesel fuel averaged $2.94.
Self-serve, regular unleaded gas increased 5 cents per gallon to $2.48 in Massachusetts, according to the survey, 1 cent less than the national average. The price this week is 19 cents per gallon higher than it was a year ago.
Midgrade unleaded in the Bay State stands at $2.71 per gallon, while premium costs $2.87 and diesel $2.88 per gallon.
