The average price of regular gasoline in Connecticut has decreased to $3.33 a gallon as of Oct. 31, and the majority of gas stations in the United States now sell gas for less than $3 a gallon.
According to GasBuddy.com, gas has dropped in price in Connecticut by 7 cents in the past week (was $3.40), 29 cents in the past month (was $3.62), and 33 cents in the past year (was $3.66).
Within Connecticut, prices are the highest in southwestern (Fairfield County) and eastern parts of the state, and the cheapest in north central section (Hartford and areas north of the capital city).
Lowest prices since 2010
Gas prices in Connecticut and around the country have dropped to levels last seen in December 2010.
Patrick DeHaan, senior petroleum analyst with GasBuddy, said “multiple factors [are] pushing retail prices lower” around the United States. This includes lower global and domestic crude prices.
But Gregg Laskoski, another GasBuddy senior petroleum analyst, warned that “all good things come to an end [and] EPA mandates for ‘summer blend’ gas ensure that prices will climb back up in the new year.”
Some key factors in determining local gas prices are state taxes, transportation access, and closeness to refineries.
Cheapest and most expensive states
Where is gas the cheapest? South Carolina at $2.75 per gallon. Other inexpensive states include Tennessee, Mississippi, Texas and Virginia.
Where is gas the most expensive? Hawaii at $4.03, followed by Alaska at $3.70, and New York at $3.38. Other costly states are California and Connecticut.
CT vs. nearby states
Here’s how Connecticut compares to nearby states:
$3.38 — New York
$3.33 — Connecticut
$3.13 — Rhode Island
$3.11 — Massachusetts
$2.84 — New Jersey
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.
— as edited by Brad Durrell for the Shelton Herald