Crude Oil Prices Continue to Yo-Yo, Pushing Prices at Pump Higher

Posted on August 10, 2021

Growing global concerns about the Delta variant and higher worldwide demand are causing crude oil prices to fluctuate, which in turn are pushing prices at the pump higher, says AAA Northeast.

 

At $3.19, today’s national average for a gallon of self-serve regular is the most expensive price of the year.

 

The same is happening in Connecticut where today’s statewide average of $3.18 is also the highest price of 2021.

 

In both cases, prices are a penny higher than last week. However, compared to last year, the national average is $1.01 higher, while the average in The Nutmeg State is 98 cents higher.

 

“We’re seeing very robust demand this month, which is considered the peak summer driving season,” said Fran Mayko, AAA Northeast spokeswoman. “With many schools starting at the end of August and many folks taking last-minute trips, we expect it to be a busy month at the pump.”

 

 

 

Here is AAA’s weekly price survey of Connecticut’s six metro regions:

Greater Bridgeport                $3.25            Lower Fairfield County    $3.24

New Haven/Meriden           $3.15             Greater Hartford              $3.14

New London/Norwich         $3.21            Windham/Middlesex      $3.18

                            Statewide Average:  $3.18

 

Today, Mississippi and Louisiana register the lowest prices in the nation at $2.79 and $2.82, respectively. California and Hawaii continue to hold the highest prices in the nation at $4.39 and $4.08, respectively. Connecticut moved down one spot to the 19th place on the list of highest gas prices in the nation. Average gas prices may be obtained daily through www.gasprices.aaa.com.

 

Connecticut
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