Following the long holiday weekend, gas price averages on the statewide level and on the national level have stabilized, says AAA Northeast. Today, Connecticut’s average of $3.19 and the National average of $3.18, are both a penny higher than last week. Even though Hurricane Ida took nearly 13% of the US refinery capacity…
Category: Connecticut
Expect Price Fluctuations at Pump Because of Hurricane Ida
Because of Hurricane Ida, motorists can expect short-term price fluctuations at the pump leading into the Labor Day weekend, said AAA Northeast. The Hurricane knocked 13% of the nation’s refinery capacity offline and until power is restored and damage, assessed, it’s too early to know Ida’s full impact, said Fran Mayko, AAA Northeast spokeswoman. “Typically,…
Sticker Shock: Owning a New Vehicle Costs Nearly $10,000 Annually
According to a new analysis from AAA, the average annual cost of new vehicle ownership is $9,666 – or $805.50 per month. The biggest factor in the nearly $10,000 price tag is depreciation, which accounts for 40% of all ownership expenses. With low inventory at dealerships due to the semi-conductor chip shortage, AAA urges…
CT, Nat’l Gas Prices Stall As Demand, Supplies Dip
Pushed by dips in demand and inventory, state and national average gas prices appear to be stuck in neutral, says AAA Northeast. At $3.18 and $3.19, respectively, gas prices for a gallon of self-serve regular in Connecticut and nationally are in a holding pattern since last week. Compared to last year, however, national…
Crude Oil Prices Continue to Yo-Yo, Pushing Prices at Pump Higher
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…
These Pennies May Not Be ‘Pretty’ For Drivers as Gas Prices Rise, Says AAA
Americans are paying a pretty penny to hit the road this summer as national and statewide gas price continue to rise, says AAA Northeast. On the national level today, the average price for a gallon of self-serve regular is $3.18, 2 cents higher than last week and $1 higher than last year. In Connecticut,…
Running on Empty? Running Blind? Your Fuel Economy Display May Be Off
If you run your car on fumes before gassing up, you might want to re-think your driving habits. Your vehicle’s fuel-economy display, which tells you the number of miles you can go before running out of gas, might not be as accurate as you think, says AAA. AAA research reports “Miles-to-Empty” warning system…
AAA Northeast Video Wins Silver Award In 42nd Annual Telly Competition
“People Are Our Heart and Soul,” a AAA Northeast video highlighting the extraordinary work of AAA employees during the pandemic, received a Silver Telly Award, AAA Northeast announced today. This is the third Telly the Providence-based company has won within the last six years, including two Bronze Awards in 2016 and 2017. The…
A Penny for Your (Gas) Thoughts? CT, Nat’l Gas Prices Drop 1 Cent
After months of steady increases, state and national gas price averages have dropped a penny, says AAA Northeast. In Connecticut, today’s statewide average for a gallon of self-service, regular is $3.15, 1 cent less than last week and 94 cents higher than last year. On the national level, the average price is $3.16,…
July: ‘Cruel’ for Drivers As Gas Prices March On!
In poetry, it’s been said “April is the cruelest month.” But for drivers, it’s July! That’s because average gas prices have increased 13 cents over the last four months. Today’s national average price for a gallon of self-serve regular is $3.17, 2 cents higher than last week and 97 cents higher than last year,…