NEWS

Gas prices hold, 97 cents higher than last June

Posted 6/3/21

Rhode Island's average gas price is the same as last week, averaging $2.94 per gallon. Monday's price is 12 cents higher than a month ago and 97 cents higher than June 1, 2020. Rhode Island's average gas price is 10 cents lower than the national average.

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NEWS

Gas prices hold, 97 cents higher than last June

Posted

Rhode Island’s average gas price is the same as last week, averaging $2.94

per gallon. Monday’s price is 12 cents higher than a month ago and 97 cents higher than June 1, 2020. Rhode Island’s average gas price is 10 cents lower than the national average.

 “Gasoline supply and demand levels are looking more like typical summer numbers as demand has steadily jumped week-over-week since the end of April and supply declines. The increasing demand and decreasing supply combined with more expensive crude oil prices mean gas prices are likely to fluctuate throughout June,” said Lloyd Albert, Senior Vice President of Public and Government Affairs for AAA Northeast. “We could see some decreases early in the month and increases mid-month as the school year ends and summer travel increases.”

 AAA Northeast’s June 1 survey of fuel prices found the current national average to be 1 cent higher than last week, averaging $3.04

a gallon. Today’s national average price is 15 cents higher than a month ago, and $1.07 higher than this day last year.

AAA, gas

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