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Crude Oil Prices

Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon
Early Christmas Gift: CT Gas Prices On A Steady Decline; Here's How Much Per Gallon A steady drop in gas prices is bringing some much-needed relief to commuters in Connecticut and across the nation.  As of Monday, Dec. 12, the statewide average for a gallon of gas was $3.36, which is 17 cents lower than the week before. The average is also 17 cents lower than what the statewide average price for a gallon of gas was in December 2021, according to AAA Northeast spokesperson Fran Mayko.  The drop in price is also being seen nationwide, as the US average price of $3.26 on Monday, Dec. 7 was 14 cents lower than the week before, and 7 cents lower than December 2021, Ma…
Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports
Gas Prices In CT Drop Below $4 For First Time In 17 Weeks, AAA Reports For the first time in months, the average price of a gallon of gas in Connecticut has dipped below the $4 mark, according to AAA. The organization reported that the average price for a gallon of self-serve, regular gas reached $3.99 in Connecticut on Wednesday, Aug. 24, marking the first time the average has dropped below $4 in 17 weeks and four days. The average price dropped 3 cents from Monday, Aug. 22, and 41 cents from last month, AAA reported. “We’ve been on a roller-coaster ride of gas prices all summer long,” said Fran Mayko, AAA Northeast spokeswoman. “If crude oil prices edge low…
Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week
Here's Breakdown By County On How Much Gas Prices Have Increased In CT Since Last Week The ongoing conflict overseas between Ukraine and Russia has forced gas prices in Connecticut to dramatically spike to previously unseen highs. As of Monday, March 7, the average price of gas is up to $4.28 per gallon in Connecticut, according to AAA, ahead of the national average, which has risen to $4.07 as crude oil prices continue to soar during the Russian invasion. In Connecticut, the average price per gallon is up six cents in the past 24 hours, and 56 cents in the past week. The state average has not been this high since May 2012, according to AAA. The national average is also the…
COVID-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic COVID-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic
Covid-19: Here's How Much Average CT Driver Saved On Gas Last Year Amid Pandemic Drops in demand and crude oil prices, coupled with COVID-related travel restrictions, allowed the average Connecticut driver to save at least $240 last year compared to 2019, says AAA Northeast. In 2019, CT drivers paid an average of $2.72 for a gallon of self-serve, regular gas. In that year, a driver, who traveled 12,000 miles annually in a vehicle delivering 25 mpg, would have spent $1,305, said Fran Mayko, AAA Northeast spokeswoman. In 2020, at an average of $2.22 a gallon, annual gas costs for that same driver would have been $1,065, reflecting the $240 savings, she said. "And for mos…
National Gas Price Average Jumps Seven Cents In Week National Gas Price Average Jumps Seven Cents In Week
National Gas Price Average Jumps Seven Cents In Week After months of declining prices at the pump, motorists have seen the average price of gas jump nearly a dime in the past week, according to AAA. Nationally, as of Monday, March 18, the average price per gallon was up to $2.54, an increase of seven cents in a week and 23 more cents than last month. AAA officials noted that the price is the exact same as it was on the same date last year. According to AAA, for the first time since the end of November last year, the national gas price average the past four days was identical or a penny more expensive year-over-year. While the national gas pri…
Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says
Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says As temperatures continue to ride, so too does prices at the pump for motorists nationwide as winter slowly turns to spring. Nationally, as of Thursday, March 14, gas prices are up eight cents since a week ago, to an average of $2.52 per gallon, according to AAA. That price is 34 cents more expensive than a month ago as refineries begin transitioning from a cheaper winter blend to a more expensive, eco-friendly summer blend. According to AAA, over the last three weeks, gasoline stocks have been gradually decreasing, while demand has been increasing. The organization also cited fluctuating cr…
Gas Prices Take New Jump Gas Prices Take New Jump
Gas Prices Take New Jump While most motorists enjoyed relief at the gas pump during several weeks of plummeting prices, costs are on the rise nationwide. AAA announced that nationally, 28 states, including New York and Connecticut, saw the average gallon of gas increase in price last week. The national average of $2.43 per gallon is six cents more expensive than a week ago, and nine cents more expensive than last month. According to AAA, this is the largest one-week increase seen at the national level since last year. Although prices are up week-to-week and month-to-month, AAA noted that prices are 11 percent chea…
Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018 Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018
Here's How Gas Prices Will Start New Year After Roller-Coaster Ride In 2018 As the new year starts, AAA has announced that Connecticut drivers may be able to expect reduced prices at the gas pumps. After the “roller-coaster ride” of prices in 2018, new statistics show that this year’s average price for a gallon of self-serve regular in Connecticut is exactly the same as it was just one year ago, as of Friday, Dec. 28, at $2.64. On a national level, prices are stabilizing as well. The average national price is $2.29, which is nine cents less than last year. Plus, full 20% of states have average prices below $2.00 per gallon. The AAA attributes these price reduction…
CT Gas Prices Fall Again: How Low Will They Go? CT Gas Prices Fall Again: How Low Will They Go?
CT Gas Prices Fall Again: How Low Will They Go? How low will they go? Prices at the gas pump continue to plummet for motorists in Connecticut, reaching a new low for the week, month and year, AAA announced. Nationally, motorists are paying an average of $2.42 per gallon, down four cents from a week ago, 28 cents from a month ago and four cents cheaper than a year ago. In Connecticut, drivers are paying an average of $2.73 per gallon, four cents lower than a week ago, and 18 cents less expensive than this time last month. “Motorists are noticing a big difference as they fill-up at the gas pump this month,” Jeanette Casselano, AAA spokesp…
CT Gas Average Price Breaks $3 Per Gallon Mark CT Gas Average Price Breaks $3 Per Gallon Mark
CT Gas Average Price Breaks $3 Per Gallon Mark As peak driving season rapidly approaches, the average gas price in Connecticut has topped $3 per gallon for the first time since 2014. Connecticut gas prices reached an average of $3.01 per gallon on Friday, according to AAA, 26 cents higher than a month ago and 51 cents higher than a year ago. The national average per gallon also continues to rise, peaking at $2.86, compared to an average of $2.33 at this time last year. The last time prices reached this peak in Connecticut was on Dec. 14, 2014, when the prices were on the downslide following a high of $3.98 in July of the same year befor…
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Start Of Spring Sees Gas Prices Rise, With No Relief In Sight
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Spring has sprung in the tristate area, bringing with it a spike in gas prices with no relief in sight according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.63 per gallon, up 10 cents from a month ago and 73 cents a year ago, when the average was $2.29 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil prices, and higher consumer demand are driving average…
Gas Prices To Rise This Spring, AAA Says Gas Prices To Rise This Spring, AAA Says
Gas Prices To Rise This Spring, AAA Says There is no relief in sight for drivers’ wallets at the pump, as gas prices continue to rise and should continue to do so well into the spring, according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.52 per gallon, up eight cents from a month ago and nearly 25 cents a year ago, when the average was $2.30 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil pri…