Providence, R.I., February 13, 2023 — The average price for a gallon of gas in Rhode Island is $3.36, dropping four cents since last week. The national average dropped another week, falling six cents to $3.41. Pump prices have fallen every day since January 28. Fewer people fueling up, and lower costs for oil, are behind the price dip.
“Drivers may have a little more in their wallets as we head toward Valentine’s Day,” said Diana Gugliotta, Director of Public Affairs for AAA Northeast, “and if gas demand and oil costs remain low, drivers will likely see pump prices drop through next week.”
According to new data from the Energy Information Administration (EIA), gas demand dipped slightly from 8.49 million to 8.43 million barrels per day (b/d) last week. The current gas demand rate is approximately 700,000 b/d lower than the rate during the first week of February 2022, helping to explain why gas prices are declining. Meanwhile, total domestic gasoline stocks increased significantly by 5 million barrels (bbl) to 239.6 million bbl last week. If gas demand remains low amid growing total domestic stocks, pump prices will drop further.
AAA Northeast’s February 13 survey of fuel prices found the current national average to be 6 cents lower than last week ($3.47), averaging $3.41 a gallon. Today’s national average price is 13 cents higher than a month ago ($3.28), and is 7 cents lower than this day last year ($3.48).
| Region | Current Price* | One Week Ago | One Month Ago | One Year Ago |
| Rhode Island | $3.36 | $3.40 | $3.23 | $3.48 |
| Massachusetts | $3.38 | $3.42 | $3.30 | $3.49 |
| Connecticut | $3.31 | $3.34 | $3.16 | $3.61 |
*Prices as of February 13, 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.