Spring may have sprung, but gas prices appear to be losing their bounce, says AAA Northeast.
Average state and national prices are still on the rise, but the increases aren’t as dramatic today as compared to previous weeks.
Today’s average gas price for a gallon of self-serve, regular in Connecticut today is $2.90, 2 cents higher than this time last week, and 60 cents higher than this time last year, making today’s state average the highest since April 2019.
On the national level, the $2.88 average price is also 2 cents higher than last week and 74 cents higher than last year. Today’s national average is the highest since May 2019.
“A dip in demand, an increase in supply and a drop in crude oil prices have contributed to a slower rise in prices at the pump,” said Fran Mayko, AAA Northeast spokeswoman.
Although national prices have held relatively steady for the last 5 days with 32 states seeing increases of 3 cents or less, the slowdown doesn’t mean gas prices have hit their peak, added Mayko
“In fact, motorists can expect more price fluctuations at the pump over the next week or so, although large increases aren’t likely,” she added.
Here is AAA’s weekly price survey of Connecticut’s six metro regions:
Greater Bridgeport $2.95 Lower Fairfield County $2.96
New Haven/Meriden $2.88 Greater Hartford $2.87
New London/Norwich $2.96 Windham/Middlesex $2.90
Statewide Average: $2.90
Today, Mississippi registers the lowest prices in the nation at $2.61, followed by Texas, Louisiana, and South Carolina, all at $2.64. California and Hawaii continue to hold the highest prices in the nation at $3.88 and $3.60, respectively. Connecticut moved down 2 spots to the 17th place on the list of highest gas prices in the nation. Average gas prices may be obtained daily through www.gasprices.aaa.com.