Connecticut gas prices up a nickel this week
The late great Yogi Berra once philosophized how “A nickel ain’t worth a dime anymore.” And if he lived in Connecticut, he probably was right. That’s because today’s average gas prices in the state are up a nickel compared to last week. The previous week, those same prices rose by a dime.
Whatever the case, average prices here and on the National level continue to rise. Today (April 4) Connecticut gas prices average $2.15, up $.05 cents since last week and $.29 cents since last month. Compared to last year, however, average prices are down $.32 cents.
On the National level, average prices hit $2.06 today, $.02 cents higher than this time last week and $.25 cents higher than last month. Compared to last year, however, national average prices $.34 cents lower.
Higher prices at this time of year aren’t unexpected: refineries are conducting seasonal maintenance to produce the environmentally friendly, federally mandated summer blends. To conduct maintenance, refineries are off-line, which in turn, means less fuel in the national pipeline. Refineries also are selling off their existing supply to make room for the new blends that will be sold beginning June 1. This supply reduction often leads to higher prices at the pump because during this period, demand increases as warmer temps motivate more drives to hit the road.
AAA’s weekly survey of prices in the Nutmeg State’s four regional areas as follows:
- Greater Bridgeport/Stamford $2.22
- New Haven/Meriden $2.13
- Greater Hartford $2.12
- New London/Norwich $2.14
- Statewide average $2.15
California and Hawaii at $2.79 and $2.60 continue to lead the pack of states with the highest average prices.
Oklahoma at $1.82 and South Carolina and New Jersey, both at $1.85 are the states with the lowest prices.
Connecticut continues to hold 10th place in terms of highest gas prices in the nation.
AAA Northeast is a not-for-profit auto club with 61 offices in Rhode Island, Massachusetts, Connecticut and New Jersey providing more than 5.1 million local AAA members with travel, insurance, finance, and auto-related services.