RI Gas Prices Drop 4 Cents from Last Week

RI Gas Prices Drop 4 Cents from Last Week

Rhode Island gas prices have dropped four cents from last week, according to AAA Northeast. 

“Pump prices are declining significantly as the global economy faces downward pressure from COVID-19 fears and the ongoing crude price war between Russia and OPEC nations. Consumers can expect to see continued savings as the industry factors in a fully 50% decrease in the price of a barrel of oil since mid-January,” said Lloyd Albert, Senior Vice President of AAA Public and Government Affairs. 

AAA Northeast’s March 16 survey of prices in Rhode Island finds self-serve, regular unleaded averaging $2.37 per gallon. 

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Rhode Island’s price is twelve cents higher than the national average of $2.25. 

A year ago at this time, the average price in Rhode Island was 9 cents lower at $2.46 per gallon.

Today’s local gas prices and their ranges are as follows:

Self Serve                                           Grade                        
$2.37 ($2.19-$2.55)                            Regular Unleaded                  
$2.76 ($2.57-$2.97)                            Midgrade Unleaded               
$2.93 ($2.77-$3.15)                            Premium Unleaded                
$2.91 ($2.65-$3.05)                            Diesel