Connecticut Gas Prices Nudge Up a Penny

Posted on November 14, 2022

Connecticut gas price increases slowed this week, but still edged up 1 cent from last week to $3.78 for a gallon of self-service regular. That price is up 30 cents from last month and 23 cents from a year ago.

 

National gas prices trended downward to $3.77, down 3 cents from last week and 13 cents from last month, but still 36 cents higher than last year.

 

“The global cost of oil, gasoline’s main ingredient, has been stuck in a narrow price range of $85 to $92 per barrel for several weeks,” said Alec Slatky, AAA Northeast Managing Director of Public and Government Affairs. “Tight supply and robust gasoline demand would typically push national pump prices higher, but fluctuating oil prices have limited cost increases.”

 

According to the Energy Information Administration, gas demand increased nationally from 8.66 million barrels/day to 9.01 million b/d. Total domestic gasoline stocks decreased by nearly 1 million barrels to 205.7 million barrels.

 

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

Greater Bridgeport                $3.85            Lower Fairfield County    $3.86

New Haven/Meriden           $3.75            Greater Hartford              $3.75

New London/Norwich         $3.73            Windham/Middlesex      $3.79

                            Statewide Average: $3.78

 

Today, Texas registers the lowest prices in the nation at $3.11, followed by Georgia at $3.17. California and Hawaii have the highest gas prices in the nation at $5.43 and $5.20, respectively. Connecticut rated 40th on the list of highest gas prices in the nation. Average gas prices may be obtained daily through www.gasprices.aaa.com.

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