Rhode Island’s average gas price is down 7 cents from last week, averaging $4.13 per gallon. Monday’s  price is 28 cents higher than a month ago, and $1.36 higher than April 4, 2021  Rhode Island’s average gas price is 5 cents lower than the national average.

 President Biden›s decision to release one million barrels of oil per day for six months (180 million barrels) from the Strategic Petroleum Reserve (SPR) helped send the global oil price tumbling to near $100 bbl. The release is intended to stem rising energy prices. The national average for a gallon of gas has fallen to $4.18.

 AAA Northeast’s April 4 survey of fuel prices found the current national average to be 6 cents lower than last week , averaging $4.18 a gallon. Today’s national average price is 35 cents higher a month ago, and $1.31 higher than this day last year .