Magazine
Subscribe
Editorial
Media Kit
Talk to us

News Oct 2, 2017 - 5:36:17 AM


Connecticut Weekly Fuel Update and Outlook from GasBuddy

By GasBuddy





Font size: Small Big
Email this article
 Printer friendly page
Share this article:
facebook del.icio.us Yahoo! MyWeb Digg reddit Furl Blinklist Spurl
Buy the "As seen on" mug
Average retail gasoline prices in Connecticut have fallen 4.7 cents per gallon in the past week, averaging $2.77/g yesterday, according to GasBuddy's daily survey of 1,540 gas outlets in Connecticut. This compares with the national average that has fallen 2.2 cents per gallon in the last week to $2.53/g, according to gasoline price website GasBuddy.com.

Including the change in gas prices in Connecticut during the past week, prices on Sunday were 48.9 cents per gallon higher than the same day one year ago and are 2.1 cents per gallon lower than a month ago. The national average has decreased 8.3 cents per gallon during the last month and stands 31.4 cents per gallon higher than this day one year ago.

According to GasBuddy historical data, gasoline prices on October 2 in Connecticut have ranged widely over the last five years:
$2.28/g in 2016, $2.37/g in 2015, $3.60/g in 2014, $3.76/g in 2013 and $4.14/g in 2012.

Areas near Connecticut and their current gas price climate:
Waterbury- $2.75/g, down 5.8 cents per gallon from last week's $2.80/g.
New Haven- $2.74/g, down 1.7 cents per gallon from last week's $2.76/g.
Hartford- $2.72/g, down 2.6 cents per gallon from last week's $2.75/g.

"For a third straight week, the majority of states saw average pump prices for gasoline fall as refineries affected by Hurricane Harvey in late August continued to show signs of being on the mend," said Dan McTeague, senior petroleum analyst for GasBuddy. "All the more remarkable when you consider that oil prices, which rose over $5 a barrel in September, did not prevent gasoline prices from declining and that momentum is likely to continue with another decrease for the week ahead."

"Though last week witnessed pump price increases in the Great Lakes, this can be traced to the price cycling behavior of the region, which means these states will see prices fall to start the week. Nationwide, many drivers continue to express frustration that the decreases aren’t reflecting pre-Harvey pump prices. As noted last week by Patrick DeHaan, Head of Petroleum Analysis at GasBuddy, "it will take weeks or months to see gasoline inventories recover fully, but prices will continue slowly drift lower as inventories improve."

For LIVE fuel price averages, visit http://FuelInsights.GasBuddy.com.




© Copyright by StamfordPlus.com. Some articles and pictures posted on our website, as indicated by their bylines, were submitted as press releases and do not necessarily reflect the position and opinion of StamfordPlus.com, Stamford Plus magazine, Canaiden LLC or any of its associated entities. Articles may have been edited for brevity and grammar. Photos without a credit line are "contributed photos".




[an error occurred while processing this directive]




Note: We reserve the right to delete posts at any time if we decide that they are offensive or distasteful.
CURRENT HEADLINES:
First County Bank Announces Winners of FirstPrize $avings Account Drawing
Pequot Library's special collections to be prominently featured in new rooms
ADL National Civil Rights Counsel Trains Stamford Police on Hate Crimes
Stay Safe and Save this Holiday Season
Give your children the gift of an unforgettable experience at The Ridgefield Playhouse


Top of Page










StamfordPlus.com is part of the Canaiden Online Media Network.
Stamford Plus Online | Norwalk Plus Online | Canaiden.com | Best of Norwalk | Best of Stamford | Hauterfly Magazine | SummerCampPlus.com

Copyright ©2005-2010 Canaiden,LLC All Rights Reserved.