Providence, R.I., December 20, 2021 — Rhode Island’s average gas price is the same as last week, averaging $3.39 per gallon. Today’s price is 4 cents lower than a month ago ($3.43), and $1.23 higher than December 20, 2020 ($2.16). Rhode Island’s average gas price is 9 cents higher than the national average.
Gasoline demand surged last week, buoyed by increased pre-holiday consumer confidence. But fears of the COVID-19 omicron variant’s economic impact may threaten future global oil consumption. As a result, pump prices fell again last week as crude oil prices wobbled—neither rising steadily nor falling rapidly. The national average for a gallon of gas dipped three cents to $3.30.
“A recovering economy coupled with strong employment is leading to increased demand for gasoline,” said Lloyd Albert, Senior Vice President of Public and Government Affairs for AAA Northeast. “This demand increase should drive pump prices higher, but it’s been blunted by the wavering price of crude oil.”
AAA Northeast’s December 20 survey of fuel prices found the current national average to be 3 cents lower than last week ($3.33), averaging $3.30 a gallon. Today’s national average price is 11 cents lower than a month ago ($3.41), and $1.09 higher than this day last year ($2.21).
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*Prices as of December 20, 2021
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.