Average gas prices unchanged, remain lower than last year

Rhode Island’s average gas price is the same as last week, averaging $3.52 per gallon. Monday’s price is 1 cent higher than a month ago, and $1.30 lower than July 3, 2022. Rhode Island’s average gas price is 1 cent lower than the national average.

Drivers who hit the road for the Fourth of July holiday found the gift of lower gas prices across most of the country. AAA forecasts that more than 50 million people will celebrate the nation’s birthday by traveling, with a record 43.2 million going by car. The national average for a gallon of gas fell four cents since last week to $3.53.

"Gas prices are $1.30 per gallon less this year than last, but they are still high compared to historical averages,” said Diana Gugliotta, AAA Northeast Director of Public Affairs. “The previous record average high price for gas on July Fourth was $4.10 in 2008, while the low was $1.39 in 2001. Yet despite currently elevated prices, drivers are not cutting back on travel this summer.” 

AAA Northeast’s July 3 survey of fuel prices found the current national average to be four cents lower than last week, averaging $3.53 a gallon. Monday’s national average price is two cents lower than a month ago, and is $1.28 lower than this day last year.