RI Gas Prices Continue to Spike

GoLocalProv News Team

RI Gas Prices Continue to Spike

PHOTO: File
AAA reported Monday that Rhode Island’s average gas price is up 2 cents from last week ($3.36), averaging $3.38 per gallon. 

Monday's s price is 30 cents higher than a month ago ($3.08), and $1.29 higher than November 1, 2020 ($2.09). 

Rhode Island’s average gas price is 2 cents lower than the national average.

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AAA on Record -- Consumers May See "Smaller" Price Hikes

After AAA reported in October that RI was seeing its highest average gas prices in seven years -- the motoring organization on Monday indicated there might be some reason for optimism. 

“We have finally seen a little dip in domestic demand for gasoline, which may signal that the seasonal post-Labor Day easing was a little delayed this year,” said Lloyd Albert, Senior Vice President of Public and Government Affairs for AAA Northeast. 

“And if the recent steady increase in crude oil prices takes a breather too, consumers may benefit at the pump with smaller price hikes," he added. 

AAA Northeast’s November 1 survey of fuel prices found the current national average to be 2 cents higher than last week ($3.38), averaging $3.40 a gallon.

Monday's national average price is 21 cents higher than a month ago ($3.19), and $1.27 higher than this day last year ($2.13).

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