CT Gas at Tipping Point
Average Price of Gas Statewide May Top $3 this Weekend
The average price of gas across Connecticut will likely top $3 this weekend.
Gas prices nationwide and here in Connecticut have been rising steadily since mid-February, but the price at the pump has spiked in the last month or so, as refineries transition to the more expensive summer blend of gasoline and begin to ramp up for the busy summer driving season.
According to AAA Gas Prices, the national average today for a gallon of regular unleaded gas is $2.88, having increased 23 cents in the past month.
Here in Connecticut, the statewide average is $2.98 a gallon, up more than 10 cents in a week, almost 28 cents in a month – but only about 4 cents higher than it was last year on this same date.
“While an increase in gas prices is not unusual at this time of year, the news is still unwelcomed by motorists, especially as pump prices cross over the $3 threshold,” says Amy Parmenter, spokesperson for AAA in Greater Hartford. “In the past, we have seen prices above $3 influence driver behavior, such as making fewer trips to the grocery store and consolidating errands”.
Prices are expected to continue to rise through Memorial Day weekend and then taper off for the balance of the summer, assuming no weather-related or geo-political related disruptions.
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