Rhode Island’s average gas price is down 2 cents from last week ($3.29), averaging $3.27 per gallon. Today’s price is 5 cents lower than a month ago ($3.32), and 96 cents lower than March 20, 2022 ($4.23). Rhode Island’s average gas price is 17 cents lower than the national average.
“The global oil price has plunged to around $65 per barrel, a level not seen since December of 2021. Given that the cost of oil accounts for 55% of what we pay for gas, it’s not surprising to see prices drop at the pump,” said Diana Gugliotta, Director of Public Affairs for AAA Northeast.
AAA Northeast’s March 20 survey of fuel prices found the current national average to be 3 cents lower than last week ($3.47), averaging $3.44 a gallon. Today’s national average price is 3 cents higher than a month ago ($3.41), and is 81 cents lower than this day last year ($4.25).
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*Prices as of March 20, 2023
The AAA Gas Prices website is your resource for up-to-date fuel price information. Search average gas prices by Regular, Plus, Premium and Diesel on National and State levels, as well as Metro areas.
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