Gas prices jump 15 cents at Mobil Guam, 76

Peter Castro
January 9, 2018

Gas prices are on the rise in Rhode Island and MA after Thursday's storm. The Massachusetts price is one cent below the national average for regular unleaded of $2.49.

The local average is below last week's statewide average of $2.45, according to AAA, and the Sarasota-Bradenton region has among the lowest average prices in the state, according to AAA.

"As unseasonable cold finally breaks across the country, what may not break as quickly is the unseasonably high gas prices", said Patrick DeHaan, head of petroleum analysis for GasBuddy.

The average price of a gallon of regular-grade gasoline jumped 3 cents nationally over the past three weeks to $2.54. The lowest was in Tucson, Arizona, at $2.10 a gallon.

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The incident occurred at about 11:00 hours, local time, and the police immediately closed the station. A 45-year-old woman was also hospitalized, but her condition is unknown.

That's four cents above the national average of $2.49 per gallon. A year ago, the state average was $2.53.

Gasbuddy.com is predicting a slight decrease in the near future, with prices climbing again come spring as the price of oil adjusts to supply, demand, and world events.

At the close of trading Friday, West Texas Intermediate crude oil settled at $61.44 per barrel, $1.02 higher than the previous week.

But gas prices are still 98 cents a gallon below what they were at this time five years ago. "I must caution motorists, however, that any downturn would likely be short-lived as gas prices typically begin moving higher after the sweetness of Valentines Day has worn off as refiners begin maintenance and the long road to summer gasoline begins".

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