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Gas prices jump another 10 cents

Gas prices in Rhode Island have increased another ten cents in the past week to reach another record high, according to AAA Southern New England and reported on projo.com.

The average price for a gallon of regular, unleaded gasoline is $3.709 at the self-service pump, according to AAA's weekly survey. That's 57 cents more than drivers were paying at the beginning of the year.

Diesel fuel drivers are paying even more, an average of $4.46 per gallon.

Meanwhile, oil prices slipped slightly, with light, sweet crude off 65 cents to $125.31 per barrel on the New York Mercantile Exchange, according to the Associated Press.

Oil prices surged nearly $10 last week, touching off concerns about rising prices and their effect on businesses and consumers

Posted by Peter C. T. Elsworth  at 10:21 AM to Gas prices | Permalink

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