How gas prices have changed in Rhode Island in the last week

More than a dozen states are now seeing gasoline prices below $3 per gallon as costs have continued their decline in recent months, according to AAA data. Even with the switchover to winter blends this month-a nationwide practice that results in cheaper fuel that works well in cold weather-gas prices have been declining at a faster rate than they did at this time last year. That’s in part due to a glut of domestic supply and lower demand for gas from American drivers than in 2023, according to Energy Information Administration data. Analysts don’t think the descent is over, either.

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