NEWS

Gas prices drop with declining demand

Posted 10/12/23

Rhode Island’s average gas price is down six cents from last week, averaging $3.63 per gallon. Tuesday’s price is 10 cents lower than a month ago and 15 cents higher than Oct. 10, 2022. …

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NEWS

Gas prices drop with declining demand

Posted

Rhode Island’s average gas price is down six cents from last week, averaging $3.63 per gallon. Tuesday’s price is 10 cents lower than a month ago and 15 cents higher than Oct. 10, 2022. Rhode Island’s average gas price is six cents lower than the national average.

“Drivers are seeing more relief at the pump after a sharp drop in demand and a sizeable increase in gasoline inventories last week,” said Mary Maguire, AAA Northeast Vice President of Public and Government Affairs. “Oil prices spiked over the three-day weekend, but it’s too soon to gauge the impact of the war in Israel on gas prices.”

AAA Northeast’s Oct. 10 survey of fuel prices found the current national average to be 11 cents lower than last week, averaging $3.68 a gallon. Tuesday’s national average price is 14 cents lower than a month ago  and is 23 cents lower than this day last year.

AAA, gas, fuel

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