Rhode Island

Rhode Island gas prices continue drop, but how long will it last? | ABC6

Published

on


Nam Y. Huh – employees, AP
Gasoline costs are displayed at a gasoline station in Vernon Hills, Unwell., Friday, April 1, 2022. Inflation soared over the previous yr at its quickest tempo in additional than 40 years, with prices for meals, gasoline, housing and different requirements squeezing American shoppers and wiping out the pay raises that many individuals have acquired.

PROVIDENCE, R.I. (WLNE) — Rhode Islanders are at present paying a median of $4.00 a gallon for gasoline.

That’s 36 cents fewer than the very best recorded common simply over a month in the past.

Nevertheless, based on AAA Northeast, aid could also be quick lived.

“By Memorial Day, we might see a rise of 15-20 cents per gallon,” Diana Gugliotta of AAA Northeast stated.

Advertisement

Whereas gasoline costs enhance yearly throughout the summer time months, Gugliotta stated different components akin to oil provide might elevate costs even greater.

“The EIA confirmed this week that home gasoline shares decreased by 3.5 million final week so we’re

undoubtedly up in opposition to it because the climate will get hotter,” she stated.

For Rhode Islanders, each common and diesel gasoline costs are nonetheless $2.00 greater than this time a yr in the past.





Source link

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version