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R.I. Gasoline jumps 17 cents in just a week

Check out Tim Barmann's story about spiking gas price in today's Business Section of the Providence Jouranl. Barmann writes that any hope of $2-a-gallon gasoline in the near future seems to have evaporated with the latest survey of area gas prices. The state Office of Energy Resources said that the average price of regular, self-serve gasoline yesterday was $2.499 a gallon, a jump of 17 cents a gallon from last week’s average price of $2.329 a gallon.
That was the biggest one-week increase since last April, he writes. Gasoline prices have now gone up a total of 33 cents over the past four weeks, after declining for several weeks. The average price has not been this high since September of last year. It is 26 cents higher than it was one year ago when the average cost was $2.239, AAA said.

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