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April 28, 2008

Gas prices hit new high, up another 15 cents

Gasoline prices in Rhode Island have set another record high, jumping 15 cents in the past week, according to AAA Southern New England.

This week's increase follows last week's 19-cent jump.

The average prices for a gallon of regular, unleaded gasoline is now $3.589 at the self-service pump, according to AAA's weekly survey.

Rhode Island drivers are paying about two cents less than the national average, but 69 cents more per gallon than they were at this time last year.

Diesel fuel is even higher at $4.40 per gallon.


Posted by Jack Perry  at 10:36 AM | Permalink

Comments

I'm not sure how many people are aware of this, but Exxon Mobil touted their highest ever profits in 2007 and expects even greater profits from 2008. This profit margin is on record as the greatest profit that has ever been made by any company in the history of the Unites States. If a crisis is responsible for high gas prices, why is Exxon Mobile profiting so exceptionally? Isn't this a bit like ambulance chasing? They are taking advantage of this war for their company gain. Quite illegal, but no one seems to care enough to make them accountable. Also, remember that this is the same company who is responsible for the disastrous Exxon Valdez oil spill and they have never paid the fine imposed upon them. Not a dime. With all the profits earned in 2007, shouldn't they be at least required to do that?

Joe | April 28, 2008 1:46 PM link

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