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News Jan 23, 2012 - 8:08 AM


Connecticut weekly gas price update and outlook

By ConnecticutGasPrices.com





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Average retail gasoline prices in Connecticut have risen 3.6 cents per gallon in the past week, averaging $3.67/g yesterday. This compares with the national average that has increased 0.6 cents per gallon in the last week to $3.34/g, according to gasoline price website ConnecticutGasPrices.com.

Including the change in gas prices in Connecticut during the past week, prices yesterday were 37.0 cents per gallon higher than the same day one year ago and are 17.4 cents per gallon higher than a month ago. The national average has increased 11.8 cents per gallon during the last month and stands 25.3 cents per gallon higher than this day one year ago.

"We saw oil prices fall gently late last week as tensions with Iran seemingly have cooled somewhat," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "I'm certainly hopeful that the recent easing in tensions between Iran and the West continues in coming months, but there are certainly no guarantees and few expectations of such. Having said that, I expect gasoline prices to move very little in the next week, and in some areas of the U.S. gasoline prices may fall this week," DeHaan said.

About ConnecticutGasPrices.com

GasBuddy operates ConnecticutGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.




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