It’s a ‘slow-go’ for gas prices this week throughout the nation.
Thirty states saw an increase of a penny or two, causing the national average to increase slightly compared to last week.
Connecticut saw the 11th highest weekly increase with today’s statewide average of $2.12 a nickel higher than last week, and 71 cents lower than last year.
On the national level, today’s average of $2.13 is 3 cents higher than last week, and 53 cents cheaper than last year.
“As states ease restrictions and people cautiously begin to travel, pump prices will likely ebb and flow through the end of June,” said Fran Mayko, AAA Northeast spokeswoman. “We anticipate the rate of gas price increases slowing down this month.”
Several issues are contributing to higher prices on the global market.
- First, to balance the worldwide market, OPEC partners continue to comply with a May 1 production agreement to cut global crude production;
- Second, traders are optimistic about ongoing trade relations between the US and China; and
- A worldwide spike in coronavirus infections is creating a volatile global market.
Here is AAA’s weekly price survey of Connecticut’s six metro regions:
Greater Bridgeport $2.21 Lower Fairfield County: $2.21
New Haven/Meriden $2.09 Greater Hartford $2.09
New London/Norwich $2.10 Windham/Middlesex $2.11
Statewide Average: $2.12
Today, Mississippi and Louisiana register the lowest average per-gallon prices in the nation at $1.77 and $1.80, respectively. Hawaii and California continue to hold the highest prices in the nation with $3.17 and $3.05, respectively. Connecticut moved to the 20th spot on the list of states with the highest gas prices in the nation. Average gas prices may be obtained daily through wsww.gasprices.aaa.com