GOOD NEWS: Gas prices in CT now 17 cents lower than last year

Shelton-Gas-Pump-FIAverage retail gasoline prices in Connecticut have fallen 3.3 cents per gallon in the past week, averaging $3.72 per gallon as of Sunday, Aug. 24, according to GasBuddy’s daily survey of 1,540 gas outlets in Connecticut.

This compares with the national average that has fallen 1.3 cents per gallon in the last week to $3.43 per gallon, according to GasBuddy.com, a gasoline price website.

 

CT prices fall more than nationally

Including the change in gas prices in Connecticut during the past week, prices on Sunday were 16.8 cents per gallon lower than the same day one year ago and are 16.1 cents per gallon lower than a month ago.

The national average has decreased 10.3 cents per gallon during the last month, and stands 10.5 cents per gallon lower than one year ago.

 

Lowest seasonal price since 2010

“With Labor Day right around the corner, most Americans will be seeing the lowest prices of the summer,” said GasBuddy.com senior petroleum analyst Patrick DeHaan.

“And the good news doesn’t end there, the national average is at its lowest levels for this time of year since 2010, when prices averaged $2.65 per gallon nationally during Labor Day weekend,” DeHaan said.

 

Gas below $3 in a few U.S. spots

“While most Americans won’t have access to sub-$3 prices, a few hundred gas stations — mainly in the southern U.S. — are offering gasoline under $3 per gallon today,” DeHaan said.

And DeHaan said for those motorists in areas where gas prices tend to be high, such as Connecticut, “just 1.5% of gas stations in the United States are selling for more than $4 per gallon, so even California is in on the party at the pump.”

 

About GasBuddy

GasBuddy operates ConnecticutGasPrices.com and more than 250 similar websites, tracking gasoline prices at over 140,000 gasoline stations in the United States and Canada.

In addition, GasBuddy offers a free smartphone app that has been downloaded more than 25 million times to help motorists find the lowest gasoline prices in their area.

 

 

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