Rhode Island
GoLocalProv | News | Rhode Island Gas Prices Up 5 Cents
Tuesday, November 08, 2022
PHOTO: File
Rhode Island’s common fuel value is up 5 cents from final week ($3.80), averaging $3.85 per gallon.
Monday’s value is 43 cents larger than a month in the past ($3.42), and 45 cents larger than November 7, 2021 ($3.40). Rhode Island’s common fuel value is 5 cents larger than the nationwide common.
Regardless of fewer U.S. drivers fueling up, the nationwide common pump value rose 4 cents over the previous week to hit $3.80. Rising oil costs fueled by worries over Russian oil manufacturing cuts have renewed considerations about international provides.
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“The oil market, just like the inventory market, hates unfavourable headlines, regardless of how speculative,” stated Diana Gugliotta, Director of Public Affairs for AAA Northeast. “And that’s the reason we see the oil value again over $90 a barrel. Costlier oil often results in dearer gasoline.
AAA Northeast’s November 7 survey of gas costs discovered the present nationwide common to be 4 cents larger than final week ($3.76), averaging $3.80 a gallon.
Monday’s nationwide common value is 9 cents larger than a month in the past ($3.89), and 38 cents larger than this present day final 12 months ($3.42).