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Gas prices could hold steady in 2014

In 2013, the average price for a gallon of gasoline in Connecticut was $3.80.  That was more than 30 cents higher than the national average.  It was the 4th most expensive in the country.  The state hit $4 or more over the summer.  Connecticut also experienced a price hike when the gross receipts tax went up in July.

 

AAA spokesman Aaron Kupec says they expect the average to be slightly lower in this new year.  But Kupec says most drivers won't likely notice a difference in prices because it will be relatively small.

 

Kupec says increased domestic oil production and refinement should provide a supply cushion to limit dramatic price spikes caused by supply and demand.

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Joe Pags

Local Headlines