Rhode Island gas prices continue drop, but how long will it last?
PROVIDENCE, R.I. (WLNE) — Rhode Islanders are currently paying an average of $4.00 a gallon for gas.
That’s 36 cents fewer than the highest recorded average just over a month ago.
However, according to AAA Northeast, relief may be short lived.
“By Memorial Day, we could see an increase of 15-20 cents per gallon,” Diana Gugliotta of AAA Northeast said.
While gas prices increase annually during the summer months, Gugliotta said other factors such as oil supply could raise prices even higher.
“The EIA showed this week that domestic gasoline stocks decreased by 3.5 million last week so we’re
definitely up against it as the weather gets warmer,” she said.
For Rhode Islanders, both regular and diesel gas prices are still $2.00 higher than this time a year ago.