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COVID-19: How Low Will They Go? CT Gas Prices Nearing $2 Per Gallon

Gas prices in Connecticut continue to drop due to a lack of demand during the novel coronavirus outbreak.
Gas prices in Connecticut continue to drop due to a lack of demand during the novel coronavirus outbreak.

With few hitting the road amid the novel coronavirus (COVID-19) crisis, gas prices in Connecticut continue plummeting as the national average drops under $2 per gallon.

Nationally, motorists are paying an average of $1.86 per gallon, down 44 cents cheaper than a month ago, and 96 cents lower than a year ago.

In Connecticut, the average as of Monday, April 13 has dropped to an average of $2.02 per gallon, and it continuing to drop, according to AAA. 

The current prices are six cents cheaper than a year ago, down 44 cents from a month ago and 79 cents less expensive than a year ago.

Fairfield County residents are still paying among the most in the state per gallon, at approximately $2.19, tied with the greater Bridgeport area for the most statewide. Litchfield County is paying an average of $1.93 per gallon.

With the demand for gasoline plummeting, AAA said that prices are going to continue to drop as Americans continue staying at home as economies have been shut down due to the COVID-19 outbreak.

Since the outbreak, the demand for gasoline is down nearly 50 percent, AAA noted.

“We are seeing fast and furious gasoline demand destruction. The latest data reveals demand levels not seen since spring of 1968,” AAA spokesperson Jeanette Casselano said. “Every U.S. region is seeing builds in gasoline inventories and crude storage, which is just driving pump prices even cheaper.”

Frank Mayko, AAA’s northeast spokesperson, said that “US demand has been hammered by COVID-19 over the last two months. 

"Reduced demand coupled with much lower crude oil prices and an enormous glut of gas on the global market continues to contribute to plummeting prices.” 

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