Survey finds gas prices unchanged

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Gasoline prices in Rhode Island remain the same this week, according to AAA Northeast.

AAA’s May 13 survey of prices in Rhode Island finds self-serve, regular unleaded averaging $2.86 per gallon. Rhode Island’s price is the same as the national average for regular unleaded. A year ago at this time, the average price in Rhode Island was four cents higher at $2.90.

“The move to more stable gas prices indicates that supply and demand are potentially leveling out,” said Lloyd Albert, AAA Northeast Senior Vice President of Public and Government Affairs. “However, there are many factors that could quickly push up prices, including the impact of Chinese tariffs, a spike in demand or the volume of Memorial Day travel. Pump price movements this week will indicate if motorists will continue to see stable gas prices or if this was just a one-week fad.”

The range in prices in the latest AAA survey for unleaded regular is 30 cents, from a low of $2.69 to a high of $2.99.

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