PROVIDENCE — The price of a highway journey has risen significantly with the value of fuel up to now week, and because the unofficial begin of summer time approaches, there doesn’t seem like any speedy aid in sight.
The typical value for a gallon of standard, unleaded gasoline is up 15 cents over the previous week, averaging $4.72 per gallon, in accordance with a survey carried out Monday by means of AAA Northeast. The worth is now 63 cents greater than a month in the past and $1.78 greater than on the identical day final 12 months.
“Gasoline is $1.18 greater than it was the week of Russia’s invasion of Ukraine,” mentioned Lloyd Albert, senior vp of public and authorities affairs for AAA Northeast. “That despatched shock waves by means of the oil market which have stored oil prices elevated. Domestically, in the meantime, seasonal fuel demand is rising as extra drivers hit the highway, regardless of the ache they face paying on the pump.”
The nationwide common has not fallen at any level over the previous month, both remaining the identical or rising every single day since April 24. That has resulted in new every day data for fuel prices every day since Might 10, Albert mentioned, eclipsing the earlier excessive of $4.33 that had beforehand been set on March 11.
The nationwide common for a gallon of gasoline is now $4.59 and all 50 states are above $4 per gallon. The typical value in Massachusetts is 1 cent greater than Rhode Island at $4.73 per gallon, and costs in Connecticut are 5 cents cheaper at a median of $4.68 per gallon.
AAA Northeast’s Might 23 survey of gas costs discovered the present nationwide common to be 11 cents greater than final week. Monday’s nationwide common is 47 cents greater a month in the past and $1.56 greater than on the identical day final 12 months.
— Jason Vallee