Connecticut average gas prices increased a nickel in just one week because of high crude oil prices, which are stubbornly bobbing over $90 a barrel, says AAA Northeast.
Today, the state’s $3.63 average for a gallon of self-serve regular is also 14 cents higher than last month, and $1.05 higher than last year.
Today, the national average price of $3.50 is about 4 cents higher than last week, 19 cents higher than last month, and 99 cents higher than last year.
“Greater demand, tighter supplies and higher crude are all contributing to higher pump prices,” said Fran Mayko, AAA Northeast spokeswoman. “Couple this with Eastern Europe’s ongoing tensions and unfortunately for consumers, it doesn’t appear the trend will change anytime soon.”
Reports continue to circulate that Russia, a member of OPEC+, may invade Ukraine. It also has threatened to withhold crude oil from the global market if sanctions are levied against its actions. “Withholding crude in an already tight market will force prices to increase worldwide,” added Mayko
Here is AAA’s weekly price survey of Connecticut’s six metro regions:
Greater Bridgeport $3.68 Lower Fairfield County $3.67
New Haven/Meriden $3.60 Greater Hartford $3.62
New London/Norwich $3.65 Windham/Middlesex $3.63
Statewide Average: $3.63
Today, Mississippi registers the lowest price in the nation at 3.16, followed by Missouri and Oklahoma, both at $3.17. California and Hawaii continue to hold the highest prices in the nation at $4.71 and $4.47, respectively. Connecticut holds the 12th place on the list of highest gas prices in the nation. Average gas prices may be obtained daily through www.gasprices.aaa.com.