Rhode Island’s average gas price is down 1 cent from last week , averaging $3.36 per gallon. Monday’s price was 3 cents lower than a month ago, and $1.10 higher than January 10, 2021. Rhode Island’s average gas price is 6 cents higher than the national average.

“According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks rose by 10.1 million barrels last week. On the other hand, gasoline demand decreased from 9.72 million barrels per day to 8.17. Typically, pump prices decline due to lower gas demand and a rise in total stocks, but continued growth in the price of crude oil has helped keep pump prices from falling any significant amount,” said Lloyd Albert, Senior Vice President of Public and Government Affairs for AAA Northeast.

 AAA Northeast’s January 10 survey of fuel prices found the current national average to be 2 cents higher than last week, averaging $3.30 a gallon. Today’s national average price is 3 cents lower than a month ago, and 99 cents higher than this day last year.