Record high diesel prices are driving Rhode Island public bus system into the red

By: Christopher Shea

Outlets: Rhode Island Current

Published: September 29, 2026

Words: 1,135

Last Updated: 2 weeks, 3 days ago

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A favorable diesel price lock that helped the Rhode Island Public Transit Authority (RIPTA) narrow last year’s budget gap ended three months ago. But the financial woes facing the statewide bus agency from skyrocketing fuel prices is just beginning with the cost of diesel now over two and a half times what was budgeted for this year.

RIPTA’s annual spending plan for fiscal 2027, approved by its board last December, …

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