Listeners Club

Forgot Password

Not a Member? Sign up here!

banner

Connecticut gas prices continued downward trajectory

Connecticut gas prices continued their downward trajectory, falling to $3.35 for a gallon of self-service regular, down 11 cents from last week and 59 cents from last month, but still up 14 cents from a year ago.

AAA says national gas prices edged up a nickel over the past week to $3.73, largely due to refinery issues in the Midwest and West Coast. The price is still down 14 cents from a month ago but up 54 cents from a year ago.

Spokeswoman Fran Mayko says slack demand and lower oil prices should take some pressure off rising national gas prices, but Hurricane Ian could disrupt oil production in the Gulf of Mexico and impacting large coastal refineries.

According to data from the Energy Information Administration, gas demand decreased from 8.49 million barrels/day to 8.32 million barrels per day last week. Meanwhile, oil prices dipped below $80 per barrel last Friday for the first time since January, largely due to fears of a recession-led global economic slowdown.

Connecticut fell to 40th on the list of highest gas prices in the nation. Mississippi registers the lowest prices in the nation at $3.07, while California has the highest gas prices in the nation at $5.80.

On Air Now

Armstrong & Getty

Local Headlines