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Article: Providence Journal, R.I., Business Notes Column.
- Article from:
- Providence Journal (Providence, RI)
- Article date:
- June 6, 2004
CopyrightCOPYRIGHT 2004 Providence Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: John Kostrzewa
Jun. 6--Gasoline prices in Rhode Island have spiked to an average of $2.14 a gallon, up 60 cents, or 38 percent, from a year ago. They may stay high this summer, even after crude oil fell back to $38.49 a barrel on Friday after OPEC decided to raise production by 2 million barrels daily starting on July 1.
All that has left Rhode Islanders grumbling at the pump.
But consider the people overseas.
Motorists in Britain last week paid an average of $5.79 per gallon for what they call petrol. Some stations were charging as much as $6.31 for a gallon of gas, according to the Automobile Association there.
The ...